Management Risk
HowRu, a private card business and its subsidiary, have a 14% share of the greeting card market. The card business is subject to seasonal cycles, with sales being highest during the holiday season. For this assignment, please complete the following:
- What steps can this company take to diversify its portfolio?
- Define diversification and its necessity in risk management.
- Discuss at least 5 steps to diversify the card business.
- Please give at least 6 suggestions of how and where funds can be allocated for new investments.
Deliverable Lenght: 3-4 pages (body of paper) not including charts/table
Answer Preview
The uncertainty of the market is the only certain thing about it. Most businesses have off-seasons and in seasons due to many factors. Inflation, government regulations, natural catastrophes and holidays including end months are all factors that affect the market and the prices of goods. This paper will seek to analyze to a great extent HowRu, a private card business and how it should…
(1156 Words)