BUS401 Ashford University Identifying and Managing Risk Paper

User Generated

gerineehf

Business Finance

bus401

ashford university

Description

In this assignment, you will compare and evaluate risk management techniques from experts in the field. Go to the Ashford University Library and find one article by Dr. James Kallman. Dr. Kallman, an expert in the field of risk management, has written many articles on managing financial risk. Find a second article in the Ashford University Library from another credible author of your choice who also provides recommendations for risk management.

Develop a three- to four-page analysis (excluding the title and reference pages), of the techniques Dr. Kallman has identified for managing risks. In this analysis, compare Dr.Kallman’s techniques to the techniques recommended in the second article you researched. Explain why you agree or disagree with each authors’ recommendations. Describe other factors you believe should be considered in risk management. The assignment should be comprehensive and include specific examples. The paper should be formatted according to APA.

You must cite at least two scholarly sources, in addition to the text, from the Ashford University Library, one being an article by Dr. Kallman. Cite your sources in-text and on the reference page. For information regarding APA samples and tutorials, visit the Ashford Writing Center (Links to an external site.)Links to an external site..

Carefully review the Grading Rubric (Links to an external site.)Links to an external site. for the criteria that will be used to evaluate your assignment.

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Explanation & Answer

Hi,Find attached the completed work.Kindly do not hesitate to ask for any clarification or editing if need be.Looking forward to working with you in the future.Thank you.

Outline
The work responds to the question prompt using the given sources. Risk management techniques
by the two authors have been compared and an opinion given based on the analysis.

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Running head: RISK MANAGEMENT

Identifying and Managing Risk
Student’s Name
Professor’s Name
Course Title
Date

RISK MANAGEMENT

2

In most cases, organizations are faced with various threats to their overall wellbeing in
terms of success. The ability of an organization to be able to foretell risks and curb them
proactively contributes significantly to the success of the organization. One of the major risk
types that have the potential of threatening an organization’s long-term survival is financial risks.
Thus, organizations have to discover the various means by which they can effectively identify
and manage these risks for their survival in the long term. Dr. James Kallman, a risk
management expert has written several articles on the methods that can be used to manage
financial risk and given his know how the aim of this paper is to compare the techniques given in
one of his articles to the techniques that were proposed by another selected author. The article
selected for Dr. Kallman is that of 2008, ‘Risk Management Solutions’ and the second article
will be by Kent Miller (1992), ‘A framework for integrated risk management in international
business.’
It is noteworthy that both authors acknowledge that financial r...

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