Risk Types and Trends in Business, business and finance homework help

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Business Finance

Description

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?

Requirements


  • Be sure to include an introductory paragraph at the beginning and a concluding paragraph at the end of your paper.
  • Because your paper is required to be more than one page in length, you should use subject headings to label your paper as appropriate.
  • Keep in mind that this is a research paper; and, as such, should be informed by your research articles.
  • Be sure to include APA citations to support your assertions and to inform your paper.
  • You will need to include a reference page with this paper.
  • Be sure to proofread your paper to ensure that is free from all grammar and spelling errors.

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Explanation & Answer

Attached.

Running head: RISK TYPES AND TRENDS IN BUSINESS

Risk Types and Trends in Business
Name
Institution

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RISK TYPES AND TRENDS IN BUSINESS

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Risk Types and Trends in Business
Introduction
Successful companies always seek to manage their risks so as to be successful. The
dynamic environment makes it hard for investors and top management to be convinced that their
strategies and plans will work out as expected (Aula, 2016). With technological advancement
such big data, social media, and mobile telecommunication companies need to be more
innovative can easily be disrupted. Managing risks is important for businesses; they should align
the risks to strategy and monitor their strategic investments.
Strategic Risks
Strategic risks are currently a major focus for many companies. A recent survey done by
Liu (2014) show that 81% of companies aggressively seek to manage their strategic risks as
opposed to restricting their focus to other traditional risk areas like compliance, financial, and
operational risks. Similarly, the focus is much the major risks that can affect a firm’s long-term
performance and functioning (Slack, 2015). In a manufacturing or construction company,
strategic risks refer to the uncertainties as well as untapped opportunities that are contained in the
strategic intent besides, the level their level of execution. They affect the whole business due to
its strategy as well as strategic objectives (Sadgrove, 2016).
The company seeks to protect its value avoiding likely downsides through taking
advantages of vola...


Anonymous
This is great! Exactly what I wanted.

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