Risk Types and Trends in business
For this assignment, you will write a three page research paper in which you discuss the risk types and trends associated with a publicly traded construction or manufacturing business. In this paper, please address the following questions:
- What strategic risks have been taken or will be taken by your business?
- What operational risks does your business take on a daily basis?
- What are the financial risks taken in your business?
- What compliance risks might your business face?
Answer Preview
There are five main types of risks that a company which deals with production can face, this include, operational risks, financial risks, strategic risks, reputation risks as well as compliance risks. Operational risks are the risks that have to do with the operations of the company they are as a result of failed company internal processes, such as policies, systems, and…
(1038 Words)