Risk Management Essay Examples and Topics. Page 2

322 samples

Managing Future Risks of Tornado

The first loss experienced by the bank is business interruption, as the property from where the business operates had to close because of the tornado.
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  • Words: 964

Analyzing and Managing Systematic Risks in Banking

Risk assessment is done to ascertain the nature of task before deciding the strategy of responding to it. Analysis and management of risks requires one to identify the nature of the risk involved.
  • Pages: 7
  • Words: 1973

Professional Skepticism and Auditor Independence

This therefore means that the auditor has to exhaust all the sources of evidence on the audit assignment so as to get a reasonable assurance as to whether the financial statements are free from misstatements [...]
  • Pages: 5
  • Words: 2168

The Markets- Risk Factors in US Airlines Industry

The reason why this particular strategy would be effective is due to the fact that many of the legacy carriers at the present have been reducing the amount of flights to particular routes in order [...]
  • Pages: 15
  • Words: 4138

Space Agency: Risk Management

The Bowtie method is one of the models of risk management that have gained massive popularity over the recent past."Bowtie method is a risk evaluation method that can be used to analyze and demonstrate causal [...]
  • Pages: 10
  • Words: 2771

Enterprise Risk Management (ERM): Overview

It involves the identification of internal and external factors that lead to the success or failure of the business. According to COSO, enterprise risk management focuses on the determination of threats and opportunities to ensure [...]
  • Pages: 4
  • Words: 1150

Market Forces and Selling Safety

One advantage is that the risk of product liability may tempt companies to improve the safety of the product. Another advantage of product liability is that it increases the price of a product to mirror [...]
  • Pages: 2
  • Words: 604

Audit Risk in Growing Economic Times

This audit risk can be because of misstatement of materiality, lack of adequate controls to prevent the risk from happening or the auditor failing to detect the errors.
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  • Words: 1123

Financial Innovation: Risk and Return Theory

In the study by Dynan and colleagues the reduction in the responsiveness of housing investment to interest rates is a major contribution brought about by financial innovation. The benefits of financial innovation are seen by [...]
  • Pages: 4
  • Words: 1139

Risk and Safety Management: Workplace Safety

There are additional chemical hazards and pressurized nitrogen to consider, in addition to the usual hazards of the actual process of removal and the prevention of any mistakes while the valve is missing.
  • Pages: 11
  • Words: 2786

Risk Management Process: Roles and Importance

As such, the stage enables managers to investigate the effectiveness of the existing mitigation plans and decide if the status quo serves the purpose or new methods that are necessary to tackle the opportunity.
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  • Words: 596

The COSO ERM Framework

Thus, it is vital to make the ERM framework less broad and develop a number of ways that would ensure an effective implementation of necessary risk management operations.
  • Pages: 1
  • Words: 285

Force Majeure Concept

If, however, the list of force majeure events includes circumstances whose adverse effects are usually preventable for the subcontractor, the contract would be unfair towards the general contractor and would create a loophole for exemption [...]
  • Pages: 2
  • Words: 686

Interdisciplinary Collaboration in Nursing Organization

In addition, the opinions of physicians in managing the budget of a healthcare organization are crucial since the multitude of perspectives contributes to an adequate assessment of risks and an increase in the economic security [...]
  • Pages: 1
  • Words: 281

Supply Chain Risk Management in the UAE Hotel Industry

Generally, after the evaluation of varied data, it appears that SCM along with SCRM are vital for making financial profits and effective functioning of companies in the area of the hotelier business in the country.
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  • Words: 817

Fundamentals of a Risk Management

Speaking about the results that public education and awareness programs on emergency management have in Canada, it is important to understand that there exist two groups of individuals with different circumstances as regard to the [...]
  • Pages: 2
  • Words: 564

Risk Management in Police Force Institutions

The harm could be due to loss of confidence in the department by the public due to the harassment or physical injury that can lead to loss of finances when challenged in a court of [...]
  • Pages: 3
  • Words: 845

Risks of IPscape Company

The activity of the company's call center is based on the principle of the quickest reaction possible, and regardless of the fact that the marketing strategy of the company is not effective enough, the call [...]
  • Pages: 5
  • Words: 1380

The Main Factors of Risks in Business

The amount of money that may be required is quite a lot for the completion of the project. A possibility of political interference may arise in the running of the project once it proves to [...]
  • Pages: 2
  • Words: 585

Bottlenecks in a Process. Nature of Risk

The managers would increase the efficiency of their supply chains by implementing techniques and technologies, but more political issues in the recent past have affected the supply chains of these companies.
  • Pages: 2
  • Words: 463

Business Risk and Investment Grading

Du Pont and PDVSA are in the process of financing a new project which will result in the establishment of a new entity referred to as Petrozuata.
  • Pages: 4
  • Words: 1068

Industrial Risk Management. Industrial Marketing

Global marketing calls for elaborate industrial marketing research to sanctify the need of goods and services to a given society. The third disadvantage of global marketing to industrial marketing is the logistical costs incurred in [...]
  • Pages: 13
  • Words: 3572

Risk Values Decrease for Gillette

Due to the complexity of the razor's design, specifically, the parts required development and research such as the blade technology, the microchip, the protection, the battery indication, and others, the development program of such product [...]
  • Pages: 4
  • Words: 1069

Cortal-Plc Company: Risk Management Analysis

The fact is that, internal threats and weaknesses could essentially impact the overall performance of the company, thus, the survey, which was employed, included also estimation of the internal situation, such as the responsibility of [...]
  • Pages: 4
  • Words: 1043

Risk Analysis in Engieering

Quantitative risk analysis involves a numerical determination of the probabilities of various adverse events, whereas the qualitative risk analysis defines the various threats in order to determine the extent of vulnerabilities.
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  • Words: 736

Risk Structure and Environment

Another purpose is to put the risk management process into an organization's planning process at operational and strategic levels so that it becomes an integral part of it which helps the organization in achieving its [...]
  • Pages: 2
  • Words: 558

Diversification Strategies in Business

The dictionary meanings of the diversification are "to give variety to, or to vary" or "to extend business activities into disparate fields," or "to distribute investments in order to average the risk of loss".
  • Pages: 9
  • Words: 2356

Risk Management in an Organic Food Industry

They meet periodically to discuss the impacts of risks and how to mitigate them, so that the impacts on the company is minimum. The Company: The Company in Question is a leading producer and supplier [...]
  • Pages: 5
  • Words: 1344

The Essentials of Risk Management

The importance of risk management for justice and security organizations s explained by the ability of a company to reduce and minimize a possible financial loss and improves its performance.
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  • Words: 993

Insurance in Developing Social Responsibility

Though insurance is all about covering and managing risks, the contribution of the collective and obligatory social insurance systems towards developing social responsibility on every individual of a society is not only built up to [...]
  • Pages: 7
  • Words: 2029

Credit Risk Quantifying and Managing

Different seniority bonds are issued by the asset value, for example, 'secured bonds' are issued on the value of the land or building, and in case they are not paid, the bondholder can claim security [...]
  • Pages: 8
  • Words: 2297

Risk Management: Techniques for Covering Risk

The companies match the inflows and outflows in different currencies covered by business, so that it is only necessary to deal on the currency markets for the unmatched proportion of the total transactions.
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  • Words: 2980

Risk Management in Organizations.

Very often, effective communication is neglected by agencies in contingency planning.such disasters as 9/11, Hurricane Katrina and Virginia Tech proved that lack of compunction and interaction between the state and community led to negative consequences [...]
  • Pages: 2
  • Words: 585

NIB: Business Opportunities’ Risks

One of the main ways to identify the given risk was through the in-depth analysis of the company's functioning, previous experiences associated with similar firms, and investigation of traditional risks that are related to the [...]
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  • Words: 557

Key Risks of Capital Investments

However, a meticulous Probable Maximum Loss Plan seems to be the most effective devoice in addressing the risks associated with capital investment.
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Coventry’s Railway Station Risk Factors Analysis

The major risks associated with the project are the lack of qualified personnel, unclear passenger flow, inappropriate layout of the facility in some spots, disapproval of the existing network changes, and the inefficacy of communication [...]
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  • Words: 823

Motivation Through Holistic Fitness: A Risk Analysis

Prior to implementing the holistic fitness idea within the organization, it is necessary to conduct a risk analysis of the planned project. Hence, the primary risk of the plan is the resistance of employees to [...]
  • Pages: 2
  • Words: 564

Risk Assessment Models and Management Circle

It can be defined as a set of practices utilized for the identification, evaluation, and estimation of existing levels of risk peculiar to different situations that emerge during the functioning of organizations, their investigation regarding [...]
  • Pages: 6
  • Words: 1705

Business Insurance: Best Ways to Protect Companies

This category of business insurance is tricky because there is a lack of coverage when it comes to losing information and not all insurance companies agree to take the risk. The list of possible business [...]
  • Pages: 8
  • Words: 1649

Car Insurance Charges and Gender and Age Factors

In this regard, the majority of insurance companies prefer that drivers wait until they attain 25 years of age for them to start paying normal adult insurance rates. It is sensible for insurance companies to [...]
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  • Words: 584

Business Continuity Planning and Risk Management

The first two, outsourcing and distributive manufacturing, allow the company to distribute the manufacturing or operational efforts to other locations, which is beneficial when it comes to risk management.
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  • Words: 889

Project Monitoring and Control and Risk Assessment

Particularly, the risk of failing to obtain the required amount of oil to cover the expenses taken deserves to be mentioned; however, the specified threat also entails other risks, such as the threat of significant [...]
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  • Words: 680

Risk and Treasury Management in Company

In addition to that, the independent state of the middle office would contribute significantly to the transparency which CFO and the Treasurer both want to achieve.
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Fraud in Business and Risk Management

Although the executives of the company want to believe that the workers are loyal and aim to accomplish the objectives of the company and reach not only personal success but also the prosperity of the [...]
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  • Words: 1114

Crisis Plan: Potential Defenses

This is also very damaging if it reaches the public and we are all aware some of our employees will be happy to testify and help the company to sink further.
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  • Words: 1690

Risk Management in the Construction Industry

The paper evaluates the appropriateness of several theories in the management of risks and uncertainties in construction in addition to the process of modeling the chosen risk factors using the new framework.
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  • Words: 4373

Contingency Plans Established by Companies

Some call it "plan B," but there are a number of scenarios stated below, which are in the form of questions that can be used to prepare contingency plans. If targets are not met, what [...]
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  • Words: 202

Risk and Internal Data Management

This system will ensure that the response to the disaster or incident and that communication of the information to the relevant stakeholders is done simultaneously.
  • Pages: 5
  • Words: 1416

Fire and Rescue Services’ Change Management Strategy

The above-identified objectives are premised on the necessity to define the risk in accordance with the achievements of the personal and strategic goals of local organizations to evaluate the outcomes and implications for implementing the [...]
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  • Words: 1137

Exploring Strategic Risk in Management

It is possible to argue that the introduction of disruptive technologies can be viewed as one of the main strategic risks faced by modern companies.
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  • Words: 555

Crisis Management Models for Risk Assessment

To assess the relative risk of each of the risk events, the assessment tool quantified the probability of occurrence, impact on students, impact on staff, impact on learning, the preparedness of the institution, and the [...]
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  • Words: 1224

Role of Risk Assessment for Business

That is, it should be decided whether the probability of occurrence of a risk or the severity of its impact takes priority when assessing the level of the risk.
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  • Words: 932

Risk Management in Chinese Business

Since the Yuan is no longer pegged to the US dollar, the fluctuations of the exchange rate have highly affected the GDP of the country.
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  • Words: 1112

Rolls-Royce Company’s Financial and Risk Management

For this reason, the in-depth investigation of the company regarding the financial management approach could help to understand the peculiarities of the market and the way companies organize their functioning.
  • Pages: 8
  • Words: 2205

Handling of Unknown Unknowns in Risk Management

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One of the good examples of the unknown unknowns is the 2014 plane crash in Brazil which killed one of the most probable presidential election winners of the time Eduardo Campos.
  • Pages: 20
  • Words: 5848

Ethical Issues: Risk Tolerance

It might be possible to state that when it comes to issues related to risk tolerance, the ethical dimension of these issues is similar to other their dimensions in some ways, but different in others.
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  • Words: 922

New Juice Bar’s Risk Assessment in Boston

Due to the challenges associated with the production quality and the durability of the raw materials, it is necessary to focus on the risks related to quality and technical requirements.
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  • Words: 657

Risk in Banking Internal Control System

The internal control system in banking refers to one that largely identifies the effectiveness of the organization and minimizes the risks associated with the bank's reputation and compliance to the mission.
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  • Words: 595

Risk Identification and Control in Organizations

Further, the importance of risk management and control identification for the organization is explained, and it is stressed that defining, prioritizing, and addressing risks, along with properly classifying the instruments needed for effective risk management [...]
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  • Words: 1409

All Star Company’s Risk Management

As for the risks connected to the political situation in the country, it is known that the government tends to accept ideas proposed by the business leaders of the country.
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  • Words: 1442

Lifting Equation in Ergonomics Risk Assessment

Measuring and recording task variables, which include the horizontal distance at the origin of the lift and the horizontal distance at the destination, the height of the lift origins and the height of the lift [...]
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  • Words: 850

Sharjah City’s Efficient Management Framework

The fact is that the tendency towards the increased number of visitors and residents introduces the necessity of the outstanding performance of every object of infrastructure to guarantee that the basic needs of the majority [...]
  • Pages: 10
  • Words: 2839

The Relative Importance of Management Fraud Risk Factors

Therefore, the main research question that the study was aimed at answering might be formulated as follows: "According to the opinions of practicing auditors, what is the relative importance of the 25 risk factors of [...]
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  • Words: 1444

Telecommunication Company Orange: Risks Analysis

The investors should not panic as the change was small, and the management undertook various business decisions that would contribute positively to the growth of its business in the coming periods.
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  • Words: 1117

Impact of Risk on Project Cost Management

The literature on project management typically utilizes a definition given in the PMBOK guide, according to which risk is an uncertain event or condition that has the potential to impact some of the elements of [...]
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  • Words: 3130

Identifying and Managing Project Risk

That is why the risks of this project are connected to the high variability of the project and the implementation of change that makes it difficult to evaluate the potential response of all the parties [...]
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  • Words: 1099

Executive Pay and the Credit Crisis of 2008

Stock and equity options presented to the bankers, for example, guaranteed that if the market value of a company dramatically dropped, an identical outcome would be witnessed in the salary of senior management. The committees [...]
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  • Words: 1128

Risk Management Approaches by Yen Chong

He contends that financial damage that sometimes amounts to hundreds of millions of dollars could be ascribed to the inability of institutional monitoring systems to control the inadequate behavior of senior executives.
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  • Words: 587