Question

Describe the various risks a small company needs to mitigate.

Describe the various risks a small company needs to mitigate.

Homework Answers

Answer #1

Describe the various risks a small company needs to mitigate.

Injury - Workplace injuries can result in medical treatment costs and lost productivity. They can cost a fortune to small company

Property loss - Small business property needs protection from the unexpected turn of events like illegal actions by builder

Operational Risk - Stoppage of flow of raw material may tend to Operational Risk

Financial Risk - Small businesses often face lack of funds. This is the biggest risk

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Management is responsible for A Identifying and measuring fraud risks Taking steps to mitigate identified risks...
Management is responsible for A Identifying and measuring fraud risks Taking steps to mitigate identified risks Yes Yes B. Identifying and measuring fraud risks Taking steps to mitigate identified risks Yes No C. Identifying and measuring fraud risks Taking steps to mitigate identified risks No No D. Identifying and measuring fraud risks Taking steps to mitigate identified risks No Yes
Identify 2 risks that are encountered by a small business. Describe to the class what techniques...
Identify 2 risks that are encountered by a small business. Describe to the class what techniques they can use to minimize and manage these risks. Is it possible to cover either risk with insurance? What type of insurance?
Identify the risk factors associated with Apigee’s people management strategies. How can Apigee mitigate these risks?
Identify the risk factors associated with Apigee’s people management strategies. How can Apigee mitigate these risks?
What are the major risks that an E&P company faces conducting business in a foreign country?...
What are the major risks that an E&P company faces conducting business in a foreign country? How would the company mitigate those risks?
Using all the knowledge from the various topics and taking into account the various risks and...
Using all the knowledge from the various topics and taking into account the various risks and opportunities, what would you do if you have $1 million to invest/spend? Carefully explain your reasoning.
Movement restricts imposed by various governments to mitigate the spread of COVID-19 pandemic in the form...
Movement restricts imposed by various governments to mitigate the spread of COVID-19 pandemic in the form of social distancing and closure of national and international borders and airports has brought a number of business organisations to a standstill, leading to the decline in growth and market share, especially the hard hit tourism and hospitality industries. Assume that you are the manager of of IDISAM Hotel Ltd, which holds the largest market share in the hospitality industry, but now on the...
Essay questions: 3. Please describe the various forms of measures that we can implement within equity...
Essay questions: 3. Please describe the various forms of measures that we can implement within equity and fixed income portfolios that would help us monitor the levels of risks within the portfolios (describe these measures).
In a short essay, describe the various reasons for product alteration when a company enters a...
In a short essay, describe the various reasons for product alteration when a company enters a new foreign market?
After a company identifies potential risks, it must measure those risks. Epstein and Buhovac (2014, p....
After a company identifies potential risks, it must measure those risks. Epstein and Buhovac (2014, p. 185) identified a seven-stage process for measuring those risks. Seven stages are: Calculate the benefit associated with each issue that may generate risk. Calculate the potential costs for each and include reputation risks. Estimate the probability that the risks will happen. Multiply the potential cost by its probability to determine the expected value of each risk. Estimate when the risk may happen and calculate...
describe some of the risks that an ocean shipment faces.
describe some of the risks that an ocean shipment faces.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT