MoneyPlays Bank, writing homework help

Question Description

You are about to take over MoneyPlays Bank, a small but lucrative financial institution. You have hired new staff and are conducting orientation and training. You need to explain financial management risk to the new staff. Using the library and other credible sources, prepare a report responding to the following regarding factors of financial risk:

  • Explain risk management to your new staff.
  • Distinguish between the 3 factors of financial risk as it pertains to the banking industry. Explain each of the following:
    • Credit
    • Commodity
    • Operational risk
  • Be sure to include an introduction and conclusion

Final Answer




MoneyPlays Bank


MoneyPlays Bank

Managing a business enterprise is a tricky process that is punctuated with risk factors that
a new manager has to deal with. These factors affect both new and existing managers but tend to
be more pronounced for those interacting with a new environment such as is the case with the
takeover of MoneyPlays Bank. In order to facilitate effective and efficient running of the
MoneyPlays Bank financial institution, it is pertinent to ensure that every risk is identified,
assessed and mitigated where possible. One type of risks associated with this business enterprise
is the potential failure of poor adaptation between the new manager and the current organization
culture. It is paramount that every manager in business understands the risks involved in running
a business and endeavor to mitigate these risks so that the firm can be successful. To this end, the
main types of risks that the new enterprise has to deal with are; the possibility of incurring bad
debts, operation and commodity risks. These are elaborated upon in the subsequent section
(Allen , 2012).
Risk Management
Risk is a measure of uncertainties that are likely to occur while undertaking the activities
of a business enterprise such as MoneyPlays Bank. It is measured in the form of probability
which is the possibility that an identified potentially unwanted scenario shall occur and can be
expressed in term...

Klosevin (9740)
Rice University

I was on a very tight deadline but thanks to Studypool I was able to deliver my assignment on time.

The tutor was pretty knowledgeable, efficient and polite. Great service!

I did not know how to approach this question, Studypool helped me a lot.

Similar Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors