Identify the main risk you believe that clothing customers will be worried about.
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Identify the main risk you believe that clothing customers will be worried about.
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- How to compare other measures of risk with VaR(value at risk)? Choose a company and compute the various measure of risk and construct a risk management strategy.Having identified and evaluated risk, the next step is to decide how to respond to the risk.Describe risk control and clearly distinguish between the three possible responses to business risks?In the context of your organisation, evaluate its main sources of potential risk using suitable techniques. For each risk area you are required to recommend and justify appropriate action to reduce the exposure.
- Companies that are developing a formalized risk management process are encouraged to identify all relevant risks and then chart the risks using a matrix to analyze which of the following factors? Operational impediments, mitigation strategies, sales impact External variables, mitigation strategies, financial impact Resources, threats, modifying factors, and consequences Supply chain threats, marketing threats, operational threatsWhat role does risk detection serve in your company?Suggest possible systematic approaches that you would use to identify risk at comapny in order to facilitate an effective risk management programme and ultimately prevent this risk catastrophe.
- Describe risk appetite and how does it differ from risk tolerance. Provide examples of how organization can use each option for their risk management.List at least three risks any small business owner faces and termine how they will control this risk.Explain the risk management procedure. Draw a risk register (log) and populate it with at least four perceived risks. Analyse these risks and rank them.
- Please, explain each of them Plan Risk Management Identify Risks Perform Qualitative Risk Analysis Perform Quantitative Risk Analysis Plan Risk Responses Implement Risk Responses Monitor RisksExplain to a company why statistical analysis is an important tool to use in risk management.Risk management: what does that term mean? Describe the procedure for handling risks by referring to the image.