Question

Using a web search engine, find an article from a reputable source, published within the past six months, that reports on the risk coming from inside the organization compared to the risk coming from outside the organization. If the article notes that this relative risk is changing, how is it changing and to what is the change attributed? Please cite your source and include the web link. Thanks.

Answer 1

The recent article that mentions the relative risk of a firm is The Financial Crisis: Why did No Higher-Level Executives Been Prosecuted?

It discusses the internal risk and its changing structure which is attributable to the changing business environment. In an organization the assessment of the relative risk is an imperative procedure that has to be carried out.

The evaluation of the relative risk in an organization can be accomplished by a process known as the risk assessment or the risk analysis. This process of risk assessment will allocate a particular rating of the relative risk to the specific information assets. In the absolute term, there is no meaning for the particular numbers that have been allocated. However. it is really very helpful in estimating the relative risk that ¡s set up by the susceptible information asset. This is also helpful in the risk controlling process. The relative risk is changing in the organization, and is not static.

From: management information system textbook of 4th edition