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Corporate Risk Management Essays (Examples)

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Risk Management in Family Owned Businesses
Words: 4161 Length: 12 Pages Document Type: Term Paper Paper #: 78895817
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isk Management in Family Owned Businesses

A family business can be simply described as "any business in which a majority of the ownership or control lies within a family, and in which two or more family members are directly involved" (Bowman-Upton, 1991). In other words, it is a multifaceted, twofold structure consisting of the family and the business meaning that the involved members are both the part of a job system and of a family system (Bowman-Upton, 1991).

Most families seek stability, intimacy, a sense of community, and belonging through the family business (Hess, 2006). On the other hand, whenever family and business are mentioned together, a majority of people think of continuous conflict, competition and contention (Crenshaw, 2005). However, "successful family businesses do not let the family destroy the business or the business destroy the family" (Hess, 2006).

The family-owned businesses are the backbone of the world financial system.…

References

Barrese, J., & Scordis, N. (2003). Corporate Risk Management. Review of Business, 24 (3), Retrieved August 17, 2012 from  http://www.questia.com/read/1G1-111508707/corporate-risk-management 

Bodine, S.W., Anthony, P., & Walker, P.L. (2001). A Road Map to Risk Management: CPAs Can Help Companies Manage Risk to Create Value. (Consulting). Journal of Accountancy, 192 (6), Retrieved August 17, 2012 from  http://www.questia.com/read/1G1-80750205/a-road-map-to-risk-management-cpas-can-help-companies 

Bowman-Upton, N. (1991). Transferring Management in the Family-Owned Business. Retrieved August 14, 2012 from http://archive.sba.gov/idc/groups/public/documents/sba_homepage/serv_sbp_exit.pdf

Caspar, C., Dias, A.K., & Elstrodt, H. (2010, January).The Five Attributes of Enduring Family Businesses. Retrieved August 15, 2012 from http://www.businessfamily.ca/cert_register_files/Web Downloads/McKinsey Quarterly - Jan 2010.pdf

Risk Management Strategies in NGO and Commercial Sector Compared
Words: 1132 Length: 3 Pages Document Type: Research Paper Paper #: 82412311
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Corporate Governance and Risk Management

The charity and commercial sectors offer different notions concerning risk management in the corporate arena. Currently, the charity sector is facing various difficulties including a reduction in the funding amount and the need to adopt the use of the ever-changing technology. esides, the communication means is dynamic hence creating emptiness in service provision. However, it embraces new ideas and innovation that prepare the corporate field for the future. Risk management is the process of ensuring that the occurrence of various risks or activities does not cause any financial loss to the entity (Merna, and Al-Thani, 2011). This differs to corporate governance, which refers to the identification and clarification of activities and responsibilities undertaken by various individuals in an organization (rikend, 2014). The commercial sector offers direct and proportional risk management proposals where the corporate management pays some money for it to be covered against the…

Bibliography

Brikend A. 2014. Corporate Governance: A Literature Review. Management Research and Practice, 09/2014, Volume 6, Issue 3, p. 53

Brown, I., Steen, A., and Foreman, J. 2009. Risk Management In Corporate Governance: A Review And Proposal. Corporate Governance, ISSN 0964-8410, 2009, Volume 17, Issue 5, pp. 546 -- 558

Dellaportas, S., Langton, J., West, B. 2012. Governance And Accountability In Australian Charitable Organizations. International Journal of Accounting & Information Management, Volume 20, Issue 3, pp. 238 -- 254

Jizi, M.I., et al., 2014. Corporate Governance And Corporate Social Responsibility Disclosure: Evidence From The U.S. Banking Sector. Journal of business ethics, Volume 125, Issue 4, pp. 601 -- 615

Risk Management - Presenting a
Words: 625 Length: 2 Pages Document Type: Term Paper Paper #: 25193762
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The connection with such tactics is that the company's own product are not good enough to sell themselves, and that underhanded means are resorted to. In terms of rivalry, I would emphasize that good neighborliness entails an adherence to the principles of humanity as found in society today. In society, a friendly attitude is often more effective in achieving one's goals than an openly hostile disposition. Hence, even in terms of one's rivals, neighborliness means that more can be gained from a rival by means of a friendly and open attitude.

In this way, neighborliness correlates strongly with business ethics. It is for example unethical to investigate a rival company without their consent, with the purpose of finding undesirable information for use in negative advertising. Instead, neighborly negotiations can result in good relations, which in turn may bring about a mutual learning experience from which both companies can benefit.

I…

Risk Management Events in Reflection of the
Words: 576 Length: 2 Pages Document Type: Essay Paper #: 59100073
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Risk Management Events

In reflection of the Exxon Valdez spill, the National Transportation Safety Board and the Coast Guard would both take a direct interest in improvement regulatory considerations relating to the alertness and suitability of an oil tanker's crew. This would be in 1989 following the massive oil spill off the coast of Alaska. According to the text, "Since 1989, much effort has been made by the Coast Guard and by companies like Exxon to ensure better business process and better risk management. Both the public and private sectors added new procedures and new controls in the transporting of oil around Alaska, reducing the likelihood of a repeat incident in that region." (p. 20)

2.

American's Express's Authorizer's Assistant would be implemented in the 1980s to create an automated way of fielding purchase authorization requests with a credit card. This would help to reduce the necessary labor to provide…

Works Cited:

Dickstein, D.I., & Flast, R.H. (2009). No excuses: A business approach to managing operational risk. Hoboken, NJ: Wiley.

Criminal Justice - Risk Management
Words: 892 Length: 3 Pages Document Type: Thesis Paper #: 26166089
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Other specific risks to patrol officers, including those operating in pairs, include standard procedures suggested by past studies of the circumstances in which attacks on officers have occurred. For example, interviews with prisoners who assaulted officers during their arrests disclosed that many such attacks were initiated by the subject upon realization that their arrest was imminent. In many cases, it was the radio transmission alerting the officers of the subject's wanted status that was overheard by the subject.

Effective risk management in this regard led to the use of police codes, both for the officer to alert dispatch that the subject was in hearing range, and also for police dispatchers to advise officers as to the subject's status without alerting the offender simultaneously (Sweeney, 2005).

Likewise, other specific risks associated with the policing and correctional environment are effectively reduced by the application of risk management principles, including the prohibition of…

References

Buerger, M., Levin, B. (2005) the Future of Officer Safety in an Age of Terrorism. The FBI Law Enforcement Bulletin; Vol. 74 No. 9, (pp. 2-8).

Larsen, R. (2007) Our Own Worst Enemy: Asking the Right Questions About Security to Protect You, Your Family, and America. New York: Grand Central Publishing.

Sweeney, E. (2005) the Patrol Officer. FBI Law Enforcement Bulletin; Vol. 74 No. 9, (pp. 14-21).

Risk Management the Video Game Industry Forms
Words: 1408 Length: 4 Pages Document Type: Essay Paper #: 74808003
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isk Management

The video game industry forms a significant part of the leading companies worldwide currently. The huge diffusion of the internet and associated information technologies over the recent years has raised the need of increased security. Advancement in technology consequently leads to the advancement of video games as well as associated security risks. Some of the common threats and vulnerabilities involving this industry include: misuse by human, hacking, fraud, virus attacks, among others. Such factors can facilitate adversities such as information loss and alteration, and unauthorized access. This paper identifies and assesses potential threats, malicious attacks, and vulnerabilities expected by the organization. It also gives the control procedures to mitigate the mentioned risks and vulnerabilities.

The Threats and Vulnerabilities

There are a number of dominant security threats involving technology and information that affect the organization. Such threats poise a serious disruption to the business continuity planning (BCP) cycle of…

References

Syed, R and Morh, S. (2011). IT Security Issues within the Video Game Industry. The International Journal of Computer Science and Information Technology. Vol. 3, No. 5.

Risk Management and Mitigation Strategies at Rana Plaza
Words: 3177 Length: 10 Pages Document Type: Essay Paper #: 85483251
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Audit Management DQ

Consider the governance of the company owning ana Plaza and describe the regional expectations as well as best practice in this area and the benefits that adoption brings. Evaluate the governance of ana Plaza during and after the collapse of the building against these and explain how this helped or hindered ana Plaza.

The management of ana Plaza failed to ensure employee safety. In such a case, workers and suppliers equate the weakest points in relation to conditions of order and input dependency, footloose sourcing practices, and hand-to-mouth contracting. One of the incidents that happened in 2013 at Sadia Garments Ltd. saw new unionized workers facing aggressive campaigns on factory management (Ayres, 2014). Workers faced threats of violence while lead organizers were sent death threats. Later, one factory supervisor attacked the Union General Secretary for Sadia Garments with a pair of scissors while demanding for the resignation…

References

Ahmed S. & Lakhani, L. (2013). Bangladesh Building Collapse: An End to Recovery Efforts, a Promise of a New Start. CNN. Retrieved November 10, 2014 from  http://www.cnn.com/2013/05/14/world/asia/bangladesh-building-collapse-aftermath/index.html?iref=allsearch 

Ayres, A. (2014). A Guide to the Rana Plaza Tragedy, And Its Implications, In Bangladesh. Forbes. Retrieved November 10, 2014 from  http://www.forbes.com/sites/alyssaayres/2014/04/24/a-guide-to-the-rana-plaza-tragedy-and-its-implications-in-bangladesh/ 

BBC Bengali Service (2013). Bangladesh factory collapse toll passes 1,000. BBC Bengali Service. Retrieved November 10, 2014 from  http://www.bbc.com/news/world-asia-22476774 

Benettongroup.com (2014). Benetton Group Backs an Initiative In Support Of the Victims of Rana Plaza and Their Families. Benettongroup.com. Retrieved November 10, 2014 from  http://www.benettongroup.com/archive/press-release/benetton-group-backs-initiative-support-victims-rana-plaza-and-their-families

Risk Management of an iPod Touch
Words: 2388 Length: 9 Pages Document Type: Essay Paper #: 34754699
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Innovation & isk Management of an iPod Touch

Idea Screening for iPod Touch

SWOT Analysis of Apple's iPod

Weaknesses

Opportunities

Threats

Business Analysis of Apple

Commercialization of iPod Touch

New Product Pricing of Apple's iPod Touch

It is clear that today's business setting is quickly changing, in order to be able to survive and keep up with other businesses. Being competitive is key in this type of environment; an organization would definitely benefit from recognizing that innovation of the product is one of the significant to the concepts when it comes to surviving and staying competitive (Kalchschmidt, 2012)made the point in their article in regards to British and American companies that beyond 50% of the sales in fruitful organizations were coming from products that were new and that the percentage was somewhere around 60% in the most prosperous overall business. The achievement of business project is dependent upon various factors…

References

Anon., 2014. The Future of Marketing Technology. [Online]

Available at: http://www.ipodtopctransfer.com / [Accessed 14 July 2015].

Astrand K. And Neij, . L., 2011. An assessment of governmental wind power programmes in Sweden-using a systems approach. Energy Policy, 34(3), p. 277-296.

Bryman, A. & B.E., 2010. Foretagsekonomiska forskningsmetoder. Studentlitteratur: Lund.

Importance of a Risk Management Plan
Words: 943 Length: 2 Pages Document Type: Case Study Paper #: 39445974
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isk Management on a Satellite Development Project

Enrolling a project requires risk assessment and management at various levels of implanting a project. This is based on the knowledge that quality of risk management determines the performance and outcome of the project. In any case, the Project Management Office (PMO) is mandated to spearhead a risk assessment and management plan. isk management blueprints will later be implanted to each department. This analysis attempts to vindicate the role risk management in explaining the quality of output of this project. The commencing document is structured in two main parts. Firstly, a critical assessment on the fundamentality of risk. Secondly, the document will analyze the role of the team in responding to risk management stipulated by the PMO office (Charrel & Galarreta, 2007).

Issues arising from the lack of a risk plan.

Absence of a risk management plan would have affected this project negatively.…

References

Charrel, P., & Galarreta, D. (2007). Project management and risk management in complex projects studies in organizational semiotics. Dordrecht: Springer.

Dar, M. (2013). Operational Risk Management, Risk Management Approaches, and Risk Mitigation Techniques: Challenges Faced By Islamic Financial Services. IOSR Journal of Business and Management, 11(2), 72-79

Kerzner, H. (2013). Project management a systems approach to planning, scheduling, and controlling (Eleventh ed.). Hoboken, N.J.: Wiley.

Kloppenborg, T.J. (2012). Contemporary project management: organize, plan, perform (2nd ed.). Mason, Ohio: South-Western Cengage Learning.

Project Risk Management Planning the
Words: 805 Length: 2 Pages Document Type: Research Paper Paper #: 28773055
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The advantages of a qualitative analysis approach are that it overcomes the challenge of accurate calculations of figures for asset value, cost of control etc. In a way less demanding procedure on the staff. Qualitative risk management projects can normally start to display noteworthy results in a matter of weeks, on the other hand those institutions or businesses that choose to employ a quantitative approach may experience limited benefit over months, or even a number of years of effort. The disadvantage of a qualitative analysis is that the consequential data is hazy and quite a number of strict decision makers, particularly the ones who have accounting backing or finance knowledge, may be hesitant to use the relative figures during a qualitative risk assessment.

The use quantitative approaches however also have got a number of drawbacks which include the following;

Dependence upon the scope and accuracy of specific measurement scales.

The…

References

Artur Rot, (2008). It Risk Assessment: Quantitative and Qualitative Approach it Risk

Assessment: Quantitative and Qualitative Approach Proceedings of the World Congress on Engineering and Computer Science WCECS 2008, October 22-24, 2008, San Francisco, USA.

Vocus PRW Holdings, LLC. (2010). Significant Risks Identified in Information Technology

(it) Project Management. Retrieved April 20, 2011 from  http://www.prweb.com/releases/Vonya_Global/IT_Project_Management/prweb4328924.htm

Cemex'strategic Risk Management Cemex Strategic Risk Management
Words: 2151 Length: 7 Pages Document Type: Essay Paper #: 43024125
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CEMEX:Strategic isk Management

CEMEX: Strategic isk Management

CEMEX is a leading producer of cement products. Headquartered in Monterrey, Mexico, CEMEX serves customers around the globe. Before the 1970s, CEMEX was a sleepy company, limited in scope to the domestic market, engaged in cement, mining, tourism and petrochemicals. ising through the ranks of the company his grandfather founded in 1906, CEO Lorenzo Zambrano focused the company on the world market for cement after divesting the non-core businesses. (Spieth, 2005)

isk Management as an Operational Competence

The single biggest risk to a company with a cement-only strategy is the requirement to commit substantial capital to factory-level plant and equipment, in the face of uncertain and fluctuating demand. This risk is heightened by the commoditization of the products and services which results in prices falling to the level of marginal cost during times when supply exceeds demand. Long-term, the natural ebb and flow…

References

Millman, Joel, December 11, 2008, Hard Times for Cement Man. Retrieved March 7, 2011 from  http://online.wsj.com/article/SB122894691555195919.html 

Lessard, Donald R. & Lucea, Rafel, May 2008, Embracing Risk as a Core Competence: The Case of CEMEX, MIT Sloan School and George Washington University.

Spieth, Scott, December 12, 2005, Cementing the Future: Hedging Foreign Currency Risk at CEMEX. Retrieved March 7, 2011 from  http://people.hbs.edu/mdesai/IFM05/Spieth

Derivatives in Risk Management One of the
Words: 2134 Length: 7 Pages Document Type: Research Paper Paper #: 67920766
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Derivatives in Risk Management

One of the uses for derivative products is in risk management. Organizations have recognized that derivatives can be used to manage risk by offering guaranteed outcomes for a set up-front cost. For firms that face risk due to fluctuations in asset prices -- typically commodities or currencies -- beyond their control, derivatives represent a means of achieving cash flow certainty, if not profit certainty. This paper will explore the different forms that derivatives take, and the different ways in which they are used as a risk management tool. Some recommendation will be given with respect to the use of derivatives in risk management in order to optimize results.

Derivatives and Risk Management

In finance, a derivative instrument is one that has a price that is based on the price of a real underlying asset -- agricultural commodities, metals, sources of energy, currencies, stocks and bonds (Chance…

Works Cited:

Bodnar, G., Marston, R. & Hayt, G. (1998). 1998 Survey of financial risk management by U.S. non-financial firms. Wharton School of Business/CIBC World Markets. Retrieved March 12, 2013 from  http://finance.wharton.upenn.edu/~bodnarg/courses/readings/survey98.pdf 

Bouchard, J. & Potters, M. (2003). Theory of financial risk and derivative pricing. Cambridge University Press. Retrieved March 12, 2013 from  http://catdir.loc.gov/catdir/samples/cam041/2003044037.pdf 

Chance, D. & Brooks, R. (2008). An Introduction to Derivatives and Risk Management. Thompson South-Western.

Rivers, M. (2012). Should airlines hedge their bets on fuel? Flight Global Retrieved March 12, 2013 from  http://www.flightglobal.com/news/articles/analysis-should-airlines-hedge-their-bets-on-fuel-374733/

Formulating a Disaster and Risk Management Plan
Words: 1733 Length: 5 Pages Document Type: Research Paper Paper #: 35317636
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Lynchburg Security

Formulating a disaster and risk management is necessary for this jurisdiction. This is based on the knowledge that risk management is a demanding initiative that requires an appropriate and responsive. Satellite units are professionally trained to meet global demands. The Lynchburg, Virginia security system has met federal requirements of quality, and as a result, the system has proved suitable to respond to various hazards experienced in this jurisdiction. This report will attempt to present the Homeland Security apparatus of this jurisdiction. The report will assess the current situation of possible hazards and actual preparedness whilst presenting the elements of disaster management at Lynchburg. This section is a critical analysis of how disaster is managed within this jurisdiction compared to the critical disaster management measures in the United Kingdom.

Homeland Security stakeholders

The Lynchburg Homeland Security system is comprised of stakeholders like administrators, first responders, and the local law…

References

Agostino, D.M., & Jenkins, W.O. (2011). Catastrophic planning: states participating in FEMA's pilot program made progress, but better guidance could enhance future pilot programs. Washington, D.C.: U.S. Govt. Accountability Office.

Brownstein, C. (2007). Report of the DHS national small vessel security summit managing the risk. Arlington, VA: Homeland Security Institute.

Davis, B.J. (2011, November 1). Interagency Logistics Education and Training: Building Homeland Defense and Civil Support Liaisons: Disasters within the United States

Edkins, J. (2011). Missing: Persons and Politics. Cornell University Press.

Foreign Exchange Risk Management in
Words: 5032 Length: 15 Pages Document Type: Research Paper Paper #: 86866079
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In addition, a series of joint ventures in which West German steel firms joined with East German firms and Krupp, Klockner, and Thyssen of Germany was pursuing other developmental initiatives in eastern Europe as well. Likewise, Arbed of Luxemburg was involved in steelmaking facilities in the former East Germany. According to Mangum et al., "The rising market for improved galvanizing for automobiles, appliances, canning, and other uses is producing a rash of joint ventures throughout the world. Some of these are internal to various countries and others involve international partners" (p. 74).

As a result, nearly 30% of the world's steel supply is now produced by plants belonging to companies that did not exist just 3 decades ago (Ahlberg, Pitkanen & Storsch 1999). As these authors point out, "Such upstarts have entered a global market that since 1980 has grown by less than 1% a year -- an average combining…

References

Ahlberg, J., A. Pitkanen and L.L. Schorsch. 1999. "Forging a New Era for Steel." The McKinsey

Quarterly 83.

Altunisik, M.B. And O. Tur. 2004. Turkey: Challenges of Continuity and Change. New York:

Routledge.

Using Fault Tress in Risk Management
Words: 1132 Length: 4 Pages Document Type: Essay Paper #: 90234048
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Risk identification is an underdeveloped art" Discuss and include an overview of risk identification aids and techniques in your answer.

Risk identification is an underdeveloped art that can be better served by incorporating into risk management the various aids, techniques and helps that can be generated from working with and integrating various entities within the overall risk management solution. The reason risk identification lacks full development is entities fall into the trap of failing to adequately hedge against loss, focusing solely on pure loss exposure -- even though there is no upside to such a practice and the best that can occur in such a case is that the investment does not break down. Risk identification can, however, actually boost one's upside potential even as it mitigates risk. To this end, the risk identification aids, techniques and helps can be incorporated into the overall strategy of the risk manager.

There…

A Risk Management Program for a Corporation
Words: 2979 Length: 10 Pages Document Type: Research Paper Paper #: 50471040
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Businesses are always exposed to risks of several kinds, for which risk management becomes mandatory. To keep the corporation safe, an appropriate risk management program is obligatory even in times of uncertainty. Risk management helps in strengthening communication between the higher authorities and low line workers. The reports and analysis would be shared vertically and horizontally so that risk mitigation becomes easier through a smooth communication flow. It is conducive to a healthy organizational culture where trust is boosted and positivity is encouraged. In the absence of this program, the business would be unable to define its objectives or even meet its goals. This paper aims at designing a risk management program in which traditional and financial enterprise risk management would be covered. Further sections of the paper would discuss how those identified risks affect the organizational goals to get a clear picture of the business's existence and prosperity in…

References
Akhtar, S., Xicang, Z. & Iqbal, S. (2017). Impact of brand image on the profitability of the firm, analysis of Nestle Company Pakistan. Review of Public Administration and Management, 5(3). DOI: 10.4172/2315-7844.1000230
Barillon, T. & Robles, A. (2020, July 1). How growing businesses should tackle cybersecurity challenges. Security Intelligence. Retrieved from  https://securityintelligence.com/posts/growing-business-tackle-cybersecurity-challenges/ 
Chen, J. (2020, September 4). Financial risk. Investopedia. Retrieved from  https://www.investopedia.com/terms/f/financialrisk.asp 
Cook, K.D. (2017). Effective cybersecurity strategies for small businesses [Doctoral dissertation, Walden University]. Walden Dissertations and Doctoral Studies Collection.
Drzik, J.P. (2016, January 14). How can businesses survive in a world of unrest? World Economic Forum. Retrieved from  https://www.weforum.org/agenda/2016/01/a-world-of-simmering-unrest/ 
Eccles, R.G., Newquist, S.C. & Schatz, R. (2007, February). Reputation and its risks. Harvard Business Review. Retrieved from  https://hbr.org/2007/02/reputation-and-its-risks 
Eceiza, J., Kristensen, I., Krivin, D., Samandari, H. & White, O. (2020, April 13). The future of operational risk management in financial services. McKinsey. Retrieved from  https://www.mckinsey.com/business-functions/risk/our-insights/the-future-of-operational-risk-management-in-financial-services 
Effiong, D.A. & Enya, E.F. (2020). Liquidity risk management and financial performance: Are consumer goods companies involved? International Journal of Recent Technology and Engineering, 9(1), 580-589. DOI:10.35940/ijrte.A1692.059120

Commercial & Current Trends Commercial Risk Management
Words: 622 Length: 2 Pages Document Type: Essay Paper #: 82681395
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Commercial & Current Trends

Commercial Risk Management

Commercial interest in risk management is on the rise. Employers wish to hire healthy employees to cut absenteeism and productivity issues. Lenders want borrowers with long, productive lives. Advertisers, marketers, and drug companies seek to tailor material to target healthcare providers and patient populations. Health insurers want to avoid high risk consumers. Educational institutions seek students with the greatest potential. lackmailers attempt to extort payments from ones with the greatest potential harm from disclosures. People dating want to obtain information on a lover to evaluate health and longevity (Hoffman, 2007).

There is a significant up trend in client losses linked to security breaches that release personal identifiable information (Kelly, 2007). With the economy in a recession, more and more consumers are unable to pay bills. These issues are causing huge losses for companies and consumers that have to pay the bills and absorb…

Bibliography

Faucheux, M. (2009, Nov 8). Emerging Trends in Risk Management. Retrieved from Bright Hub PM:  http://www.brighthubpm.com/risk-management/55050-emerging-trends-in-risk-management/ 

Heineman, R. & . (n.d.). The Future of Risk Management: A Proactive Approach. Retrieved from NC State University:  http://www.poole.ncsu.edu/erm/index/php/articles/entry/proactive-risk-management 

Hoffman, S. & . (2007). SECURING THE HIPAA SECURITY RULE. Journal of Internet Law, 10(8), 1-16.

Kelly. (2007). Computer Crime Losses Double. Business Insurance, 4(40), 41.

Managing Projects Operations and Information
Words: 2210 Length: 8 Pages Document Type: Thesis Paper #: 18237536
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The performance of each team member depends on the performance of all others, this being a team project. Constraints include time and financial resources; as such improvement requires permanent improvement effort.

isk Management. No risk has been identified related to the project's completion.

Monitoring and Controlling Mechanisms. The data analysts will develop a metric system to measure each member's performance on a weekly basis. This weekly performance will be submitted to the project manager for potential adjustments.

V. Operations management plan

Operations Strategy. An easy way to understand the meaning of operations strategy is to break the word into the two separate words: operations and strategy - these words being the opposite of each other (Slack & Lewis, 2002). 'Operations' is about the functions and procedures regarding the day-to-day processes, while 'strategy' is about the direction and scope of an organisation over a long period of time. The operations strategy…

References:

Aberdeen Group. 2008. Operational KPIs and Performance Management -- Are Your Daily Decisions Based on Fact?,  http://www.aberdeen.com/ 

Cooper, M. & Lambert D. 2000. Issues in Supply Chain Management. Industrial Marketing Management, vol. 29: pp. 65-83.

Johnson, J. C. And Wood, D.F. 1996. Contemporary Logistics, N.J.: Prentice Hall Upper Saddle Creek.

Keah C.R.K. And Handfield, R.B. 1998 .Supply Chain Management: Supplier Performance and Firm Performance. International Journal of Purchasing and Materials Management: pp.2-9.

Corporate Compliance Plan for General
Words: 1654 Length: 6 Pages Document Type: Research Paper Paper #: 7521554
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PENALTIES - CIVIL & CIMINAL

There are statutes that impose penalties both civil and criminal for government contractors who commit fraud, waste or abuse. Some of those statutes are as follows:

False Claims Act;

False Statements Act;

Forfeiture Statute;

Anti-Kickback Act

Bribery and Gratuities statutes;

Mail and Wire Fraud statutes; and the Public Integrity Act and recent legislative initiatives to strengthen criminal penalties for violations of conflict of interest laws. (Peckar & Abramson, 2007)

The government has the right to audit the records of the contractor for up to three years following a contract for the government being completed. Companies with contracts exceeding $5 million are required to: (1) post a fraud hotline poster; (2) establish a written code of ethics; (3) establish an employee ethics and compliance training program; and (4) establish an internal control system. (New ule for Government Contractors, nd)

SUMMAY & CONCLUSION

The Corporate Compliance Plan…

Managing IT Professional in Virtual Environment
Words: 4984 Length: 15 Pages Document Type: Term Paper Paper #: 56770280
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Managing Professionals in Virtual Environment

As technology has evolved, the reality of virtual organizations has begun to take hold in a variety of industries. It is now commonplace for employees to work, at least in part, from offsite. Telecommuting is a reality that has allowed companies to reduce costs, become more competitive, and facilitate happier more productive employees. Virtual employees, or "telework is one of the most radical departures from standard working conditions in the suite of flexible work practices now gaining widespread acceptance." (Daniels, Lamond, & Standen, 2001)

Managing Professionals in Virtual Environment

As technology has evolved, the reality of virtual organizations has begun to take hold in a variety of industries. It is now commonplace for employees to work, at least in part, from offsite. Telecommuting is a reality that has allowed companies to reduce costs, become more competitive, and facilitate happier more productive employees. Virtual employees, or…

References

Allert, J.L. (2001, Mar.). You're hired, now go home. Training & Development, 55(3). Retrieved May 30, 2004, from Academic Search Premier database.

Broadfoot, K.J. (2001, Aug.). When the cat's away, do the mice play? Management Communication Quarterly, 15(1). Retrieved May 30, 2004, from ProQuest database.

Cascio, W.F. (2000, Aug.). Managing a virtual workplace. Academy of Management Executive, 14(3). Retrieved May 30, 2004, from Business Source Premier database.

Conner, D.S. (2003, Mar.) Social comparison in virtual work environments: An examination of contemporary referent selection. Journal of Occupational & Organizational Psychology, 76(1). Retrieved May 30, 2004, from Academic Search Premier database.

Risk and Insurance Aramark Risk
Words: 2953 Length: 10 Pages Document Type: Term Paper Paper #: 376951
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They were just so intense, so focused, so transaction-driven, there literally wasn't time for people to put ideas out and discuss and debate them."

These constraints to effective management oversight and innovation were further exacerbated when the company went private in 2001. According to Stopper, "ARAMARK went from a leveraged buyout situation in 1984, with only some 50 people having equity in the company, to an initial public offering (IPO) in 2001 with 97% ownership by employees. It was a huge cultural shift. Many employees incurred debt in order to have ownership in the company. In his view, HR's power and influence came from performance and creating value, not from advancing or acceding to personal agendas."

To their credit, though, Hayes reports that the company finally took action to remedy this situation by creating an action project team to assess the potential threats involved in retaining the status quo and…

Works Cited

About ARAMARK." (2007). ARAMARK Corporation. [Online]. Available:  http://www.aramark.com/MainLanding.aspx?PostingID=336&ChannelID=187 .

Alleyne, Sonia (2007, July). "40 Best Companies for Diversity: In Our Third Annual Survey, We Focus on Supplier Diversity and Senior Management Representation-How Much Companies Spend with Black Suppliers and Who They Let into the Corporate Suite." Black Enterprise 37(12): 106

Caddell, Cathy L. (2004, October). "Taste of Chicago." Corrections Today 66(6): 46

Goldberg, Karen (1996, July 18). "How to Feed 10,800 Athletes." The Washington Times 13.

Corporate Governance Under Globalization in
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It should not be treated as a separate exercise undertaken to meet regulatory requirements." (ICA, 29) Here is expressed a philosophical impetus that drives the focus of this research, that such compliance which will generally concern matters such as corporate accounting, the practice of internal oversight and the practice of financial transaction must be considered inextricable from other aspects of practical, procedural and legal operation in terms of its relevance and necessity.

Chapter 3-Practice

The practice of corporate governance may perhaps best be understand from the perspective that deregulation has largely defined the processes and direction of the global economy across the two decades following the Cold ar and its inevitable opening of economic channels. This is because in practice, corporate governance is a concept which has suffered much neglect. To the point, the statistics availed by organizations such as the orld Bank and the International Monetary Fund illustrate that…

Works Cited:

Aguilera, R.V. & Yip, G.S. (2004). Corporate Governance and Globalization:

Toward an Actor Centred Institutional Analysis. University of Illinois: College

of Business. Online at .

ASB. (1999). Reporting Financial Performance. Financial Reporting Council. Online at

Corporate Social Responsibility I Attaching Assignment Paper
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Corporate Social esponsibility

I attaching assignment paper write essay CS.

Given the heightened level of international operations and globalization, pressure is mounting for corporations to behave ethically. Corporations are forced to developing standards, policies and behaviors as a demonstration of their sensitivity to concerns of stakeholder. The policies behaviors and standards are what a European commission called corporate social responsibilities. The Commission defined corporate social responsibility (CS) as "a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis" Commission, 2001.

Complementing this definition, McWilliams and Siegel. (2001)

, said CS include all actions that are intended to forge, beyond the firm's interest, a social good, and is a requirement in law.

Composition Corporate Social esponsibility

Corporate social responsibility entails coming up with solutions specific to a society. The corporation is however, not forcefully charged with an…

References

Balmer, John M.T., & Dinnie, K. (1999). "Corporate identity and corporate communications: the antidote to merger madness," Corporate Communications: . An International Journal,, 4, 68-86.

Balmer, J.M.T. (2001). Corporate Identity, Corporate Branding and corporate marketing European Journal of Marketing 34(4), 248-291.

Buckley, P.J., & Ghauri, P.N. (2004). Globalisation, Economic Geography and the Strategy of Multinational Enterprises. Journal of International Business Studies, 35(2), 81-98.

Commission, E. (2001). Promoting a European Framework for Corporate Social Responsibility.' Green Paper, 264.

Managing Operating Exposure and FX Risk at
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Managing Operating Exposure and FX isk at Nissan:

Global businesses are usually exposed to financial risks like currency volatility. The foreign exchange risks, which are commonly known as FX risks, have significant effects on all aspects of a global company. Notably, the foreign exchange risks affect firms across various industries including the automobile industry. In this industry, the operations and manufacturing processes of auto makers are usually affected by currency fluctuations. An example of a global firm in the automobile industry that has been involved in managing the foreign exchange risks and operating exposure is Nissan.

In 1999, Nissan was in a death spiral as the firm was experiencing heavy losses, carrying massive debts, and has a bad reputation. During this period, Carlos Ghosn was appointed as the Chief Executive Officer in order to help save the company that was sinking into further challenges and complexities. In attempts to rescue…

References:

Book Review. (2005, January 17). The Gaijin Who Saved Nissan. Retrieved December 7, 2012,

from  http://www.businessweek.com/stories/2005-01-16/the-gaijin-who-saved-nissan 

Kim, Y. & McElreath, R. (2001). Managing Operating Exposure: A Case Study of the Automobile Industry. Multinational Business Review, 9(1), 21.

Nguyen, C. (2011, October 25). How Nissan Bucked the Auto-bailout Trend. Retrieved December 7, 2012, from http://bizcovering.com/management/how-nissan-bucked-the-auto-bailout-trend/

Corporate Governance There Have Been Controversies on
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Corporate Governance

There have been controversies on the subject of the governance and accountability of big corporations, but it is only recently that these issues have gained prominence. The compensation for the top management is one of the major issues of corporate governance today. The primary reason for offering stocks to executives was for raising the share prices and thereby increasing its value for both investors as well as shareholders. Though this proved to be a major success, there were a few executives who would not disclose their stock options or would not make full use of the stock options offered to them. This caused inefficiency in the financial market. Stakeholders have the freedom to check their shares and to question the management if there were any discrepancies. Despite these constant checks with financial analysts, the board of directors, the panel of regulators, auditors and managers, there has been instances…

References

Charkham, Jonathan. 1994. 'Keeping Good Company: A Study of Corporate Governance in Five Countries' New York: Oxford University Press.

Davies, Adrian. 1999. 'A Strategic Approach to Corporate Governance' Gower.

De George, Richard T. 1995. 'Business Ethics' New Jersey: Prentice-Hall, Inc.

Fort, Timothy L. 2001. 'Ethics and Governance: Business as Mediating Institution' New York, N.Y: Oxford University Press.

Corporate Social and Environmental Reporting Companies Have
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Corporate Social and Environmental eporting

Companies have presented investigations about their motivation towards voluntarily social and environmental as insolvent. This paper argues in agreement with Adam's view that the goal of CS reporting is to promote credibility and corporate image of stakeholders operating in a particular industry. Whereas companies must focus their efforts on enhancing their profitability, they should also ensure that the welfare of other stakeholders is protected.

Previous literature offers a revelation on various competing theories based on why companies make voluntarily report and engagements in corporate social responsibility. The major perspectives considered are within the scope of application include accountability and image promotion. Many studies hold consequential evidence towards accountability to shareholders making it difficult for organizations to distinguish relevance from accountability based on continued practice. The absence of actual legitimacy crises makes it hard to identify voluntarily reporting as a proactive measure in preventing future crises…

References

Adams, C. (2002). "Internal organizational factors influencing corporate social and ethical reporting beyond theorizing." Accounting, Auditing, and Accountability Journal, Vol. 15 No. 2, pp. 223-250

Bebbington, J., Larringa-Gonzalez, C., and Moneva, J. (2008). "Corporate social responsibility reporting and reputation risk management." Accounting, Auditing, and Accountability Journal, Vol. 21 No. 3, pp. 337-361.

Brennan, N.M. And Merkl-Davies, D.M. (2013). "Accounting Narratives and Impression management," In Jackson, L., Davison, J., and Craig, R. (Eds.). Routledge Companion to Communication in Accounting. Routledge, pp. 109-132. (on blackboard)

Daft, R.L. (2011). The leadership experience (5th ed.). Mason, OH: Thomson, Southwestern

Corporate Governance and Social Responsibility
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(Roy, 2006)

In these cases, others working in those fields are the only ones who have the ability to conduct quality check to verify instances of possible fraud. Qualified doctors can analyze the work of other doctors to attest their medical malpractice. An honest lawyer who deals with related issues can understand how a fellow lawyer could have used deceitful methods to cheat a client off his money. Proficient lecturers can set good examples for students to bring out the incompetency of others. In the managerial level, well qualified professionals are the only ones who are smart enough to figure out the plots hatched by higher executives in order to use the shareholder money for personal needs. Scams in the political sector can only be challenged by opposing political parties or powerful entities like the court. The media is highly potent in this regard as they present malpractices in front…

Bibliography

Description of Corporate Governance [online] Available at: [Accessed 11 August 2010]

Corporate Social Responsibility (CSR) [online] Available at: [Accessed 11 August 2010]

Blundell M., Explain what is meant by the principal agent problem [online] Available at:

< tutor2u.net/blog/files/Principal_Agent_Problem.pdf > [Accessed 11 August 2010]

Managing Organizational Change it Is Reasonable to
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Managing Organizational Change

It is reasonable to suggest that companies of all types and sizes have integrated information technology systems of some sort to help them manage their businesses and achieve a competitive advantage in recent years. Because computer systems tend to become obsolete rapidly as Moore's Law continues to hold true, many companies have accumulated a mish-mash of various computer types and capabilities that may not operate efficiently in a networked environment. When these legacy systems are replaced by a standardized array of compatible computers, the transition may introduce a number of challenges and obstacles that can adversely affect the company's ability to remain agile and responsive to internal and external customer needs. To determine how the transition from an older legacy system to an improved set of computers can be achieved in an efficient fashion, the key stakeholders who are involved in the process, and the potential lessons…

References

Johnson, J. & Andrews, M. (2003, July). New markets, old technology: a strategic mismatch.

Risk Management, 50(7), 48.

McGinn, D., Kudyba, S. & Diwan, R. (2002). Information technology, corporate productivity and the new economy. Westport, CT: Quorum Books.

Nakata, C., Zhu, Z. & Kraimer, M.L. (2008). The complex contribution of information technology capability to business performance. Journal of Managerial Issues, 20(4), 485-

Risk Aversion Over the Last
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This was because they were seeing one of their primary competitors (Travelers) merging with Citicorp (which created a juggernaut of: insurance, banking and brokerage activities). At which point, executives at AIG felt that in order to: maintain their dominance in the industry and offer new products they should become involved in similar activities. The difference was that they would grow the company by expanding into areas that were considered to be speculative to include: commodities, stocks, options and credit default swaps. The way that this was accomplished is by purchasing a host of businesses that were involved in these activities. This is significant, because it meant that a shift would take place in: how managers were accounting for risks and the kinds of activities that they were becoming involved in. With the newly acquired companies; bringing over executives that did not practice the same kind of strategies for dealing with…

Bibliography

Travelers, Citigroup Unite. (1998). CNN. Retrieved from:  http://money.cnn.com/1998/04/06/deals/travelers/ 

US saw 13 Bank Failures Every Month in 2010. (2011). Economic Times. Retrieved from: http://articles.economictimes.indiatimes.com/2011-01-02/news/28424370_1_medium-banks-bank-failures-problem-banks

Baum, C. (2009). The Impact of Macro Economic Uncertainty. Boston College, Boston, MA.

Byoun, S. (2007). Financial Flexibility. Baylor University, Waco, TX.

Corporate Universities -Investigation of Their Development
Words: 16387 Length: 60 Pages Document Type: Term Paper Paper #: 62224137
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In summary, we recommend that the IESBA reconsiders the proposals in the Exposure Draft and provides more guidance on safeguards applicable to sole practitioners and small accounting firms to ensure that the benefits of the changes outweigh the costs to SMEs. Under a principle-based approach, there should be safeguards and practical relief for all practitioners rather than rules-based outright prohibitions. The rewrite of this Independence component of the Code is substantially rules-based rather than principles-based. In this regard, we also encourage the IESBA to prioritize the redrafting of the entire Code using a similar drafting convention to that used by the International Auditing and Assurance Standards Board in its Clarity project" (IESBA Exposure Draft of Sections 290 and 291 of the Code of Ethics on Independence - Proposed Additional equirements in relation to Internal Audit Services, elative Size of Fees and Contingent Fees 2007).

There will also be an all-time…

References

Kreitner, R., and Kinicki, a. (2004). "Organizational behavior," 6e; [Chap. 17]; [Chap. 18]. Accessed December 19, 2007, from MBA520, eResource, week 5, eBook Collection database.

McShane, and Von Glinow. (2005). "Organizational behavior" (3rd ed.). New York: McGraw-Hill.

); Muret, Don. (1999). "Former Disney VP stresses teamwork at cafe." Amusement Business, 111(49), 22. Accessed August 17, 2007, from EBSCOhost database.

Frazee, Bonnie. (2004). "Organizational Behavior and the Learning Process" Accessed December 19, 2007, at  http://www.clomedia.com/content/templates/clo_feature.asp?articleid=698&zoneid=29

Risk Identification in Information Security
Words: 5004 Length: 15 Pages Document Type: Thesis Paper #: 53239879
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Phishing Spea Phishing and Phaming

The following is intended to povide a vey bief oveview of examples of some the most dangeous and pevasive secuity isks in the online and netwoked wold. One of the most insidious of identity theft is known as phishing. The tem 'phishing' efes to the pactice of "fishing fo infomation." This tem was oiginally used to descibe "phishing" fo cedit cad numbes and othe sensitive infomation that can be used by the ciminal. Phishing attacks use "…spoofed emails and faudulent websites to deceive ecipients into divulging pesonal financial data, such as cedit cad numbes, account usenames and passwods, social secuity numbes etc." (All about Phishing) . Thompson ( 2006) clealy outlines the basics of a phishing attack.

A typical phishing sends out millions of faudulent e-mail messages that appea to come fom popula Web sites that most uses tust, such as eBay, Citibank, AOL, Micosoft…

references the CISA Review Manual, 2006.

Thompson, S.C. (2006). Phight Phraud: Steps to Protect against Phishing. Journal of Accountancy, 201(2).

This study by Thompson provides some significant aspects that the business owner and customers in online commerce should pay attention to. These include basic but important aspect that should include in e-training; for example, never e-mail personal or financial information or never to respond to requests for personal information in e-mails. This provides useful background to the issue of risk identification and is also related management of this threat.

Wetzel R. ( 2005) Tackling Phishing: It's a Never-Ending Struggle, but the Anti-Fraud Arsenal Continues to Grow. Business Communications Review, 35, 46+.

This study A sheds light on the implications in term of the costs of identity fraud to financial institutions. The study underscores the severity of the vulnerabilities faced by today's organizations in the online world. The author refers to the obvious cost to intuitions like banks and also discusses hidden costs that relate to the erosion of customer confidence as a result of ID theft.

Corporate Social Responsibility the Good
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But the shareholders themselves need to be more aware and more involved in their company's business in order for any meaningful change to sustain itself:

Shareholders, the intended beneficiaries of the corporate vehicle, are the ultimate capitalists: avaricious accumulators with little fiscal risk and no legal responsibility for the way in which they pursue their imperative to accumulate. Shareholders, not corporations, show indifference to the needs and values of society. It is their behaviour that is most appropriately characterized as amoral indifference to the plight of others and their environment. Shareholders, not corporations, behave in a pathological manner. And shareholders should be the targets for the cure that we need for our ills. (Glasbeek 2005: 24)

There is also the problem of victimisation of other cultures in a global market. As Strike, Gao and Bansal (2006) point out in their article, 'Being Good While Being Bad: Social esponsibility and the…

References

Berkhout, Tom. 2005. 'Corporate Gains: Corporate Social Responsibility Can Be the Strategic Engine for Long-Term Corporate Profits and Responsible Social Development.' Alternatives Journal, January/February, pp. 15-22.

Carroll, B.A. 2004 'Managing ethically with global stakeholders: Annual Editions' Business Ethics 06-07: Contemporary Learning Series 30, pp. 114-120.

Dean, Dwane Hal. 2004. 'Consumer Reaction to Negative Publicity: Effects of Corporate Reputation, Response, and Responsibility for a Crisis Event.' The Journal of Business Communication 41:192-201.

Dickens, Charles. 1912. A Christmas Carol. Chicago: Rand McNally.

Corporate Performance Systems Memo to
Words: 2111 Length: 5 Pages Document Type: Case Study Paper #: 74706784
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Actions that warrant for boundary should be on a written document and be available to employees at all time. This system should also take care of verbal and nonverbal agreement of contract expenditure, and no cost approval beyond the budget unless being approved by senior management and financing unit

These boundaries must be revised on an annual basis and edited if necessary. When employees understand the core beliefs and boundary system, then they do not just worry about delivering the bottom line results. Instead, they will strive to deliver corporate objectives without crossing boundaries.

Diagnostic control system should also be employed into the company whereby, new processes and performance measurements must be developed for the following:

Unit occupancy rate: this strives to achieve economy of scale.

Internal auditing: There should be a team of internal auditor reporting to the accounting VP. This team must constantly review the transactions and ensuring…

Risk Assessments in a Healthcare Context
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Risk Management

hen creating a risk management plan for a government program a number of important (even crucial) steps must be taken. In this paper a review of those steps is presented. Also, interventions which are important for improving healthcare are presented. Hence, this paper should serve as a five page report to the city council.

Needs Assessment

The simple, straightforward definition of needs assessment is as follows: project leaders and developers must know in advance what resources are necessary -- are vital -- for the completion and success of the program. In other words, needs assessment relates to that time, what financial commitment, what staff and what other tools and resources will be necessary in order to have a program that is functional and purposeful.

Because needs assessment and project management go hand in hand, the project managers working on a new program have a practical goal of making…

Works Cited

Agency for Healthcare Research and Quality. (2010). Designing and Implementing Medicaid

Disease and Care Management Programs: A User's Guide. Retrieved June 23, 2015, from  http://www.ahrq.gov .

Ajami, S., and Bagheri-Tadi, T. (2013). Barriers for Adopting Electronic Health Records

(EHRS) by Physicians. Journal of Academy of Medical Sciences of Bosnia and Herzegovina. 21(2), 129-134.

Risk Tolerance and the Prisoner's
Words: 3024 Length: 7 Pages Document Type: Research Proposal Paper #: 42745036
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. Research Design Rationale

1. Question format: In order to allow the research study to become embedded in the field of economics, the research question will use an applied question format. The purpose of the study is to develop a predictive method regarding player choices in the Prisoner's dilemma. It will explore the association of risk and cooperation or defection in the Prisoner's

Dilemma.

2. Research design: The research will use a deductive approach where the theory will be presented and tested through the methodology. The research will use quantitative research methods, which are suited for research where the information can be reduced to a numerical format. This is the case in the proposed study as both risk tolerance and the decisions made in the Prisoner's Dilemma can be reduced to numerical data and standard statistical methods applied.

III. Data/Information from Previous research

A. Literature Review

The literature review for…

Bibliography (Preliminary)

Agarwal, J. & Feils, D. (2007). Political Risk and the Internationalization of Firms: an Empirical

Study of Canadian-based Export and Fdi Firms. Canadian Journal of Administrative

Sciences. 24 (3): 165+. Questia Database.

Ansell, C. & Gash, a. (2008). Collaborative Governance in Theory and Practice. Journal of Public Administration Research and Theory. 18 (4): 543+. Questia Database.

Perils Hazards and Risks in Common Non-Insurance
Words: 514 Length: 2 Pages Document Type: Essay Paper #: 83244594
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Perils, Hazards, And isks

In common non-insurance settings, the terms "peril," "hazard," and "risk" are more often than not used synonymously. It is however important to note that in insurance, most particularly risk management, "hazards" and "perils" are not referred to as "risk" as is the case in common English conversations. In this text, I concern myself with the distinction between these key terms. Further, I classify the possible risks I am facing not only as a normal student but also as Vice President of student council.

Perils, Hazards, and isk

In seeking to distinguish these key terms, it would be prudent to first take into consideration how various authors have defined the said terms in the past. To begin with, a peril in the words of Chew (2008, p.35) is "a natural, man-made, or economic situation that may cause a personal or property loss." On the other hand, the…

References

Chew, DH (Ed.). (2008). Corporate Risk Management. New York: Colombia University Press.

Dorfman, M.S. (2002). Introduction to Risk Management and Insurance. Upper Saddle River, NJ: Prentice Hall.

Finance Managing Exchange Rate Risk Can Be
Words: 1166 Length: 3 Pages Document Type: Term Paper Paper #: 48275278
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Finance

Managing exchange rate risk can be a daunting task for many international firms attempting to expand overseas, acquire new companies, or simply manage its cash flows. Globalization has created a dynamic environment in which competition can arise to disrupt entire industries. Aspects such as technology, pharmaceuticals, banking, and automobiles have all experienced rapid change as a result of globalization and the competitive forces that underline it. As a result, companies, particularly smaller firms, have a higher propensity to experience volatile earnings overtime. Aspects that impact one sector of the globe can have a residual impact on other areas of the individual firm or industry. Managing exchange rates is therefore a viable option for firms to reduce volatility in earnings while subsequently managing its cash flows from operations. Below, is a 5 step program which could be implemented by a firm attempting to manage its exchange rate risk after an…

References

1. Jorion, Philippe (2009). Financial Risk Manager Handbook (5 ed.). John Wiley and Sons. p. 287. ISBN 978-0-470-47961-2.

2. Bartram, Sohnke M. (2006). "The Use of Options in Corporate Risk Management." Managerial Finance 32 (2): 160 -- 181

Does Hedging ADD Corporate Value
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hedging provides to non-financial firms to manage financial risks. Also to analyze how does hedging add to the corporate value if it does.

Hedge can be describes as an investment which is intended to offset the potential losses which the company might have to face in future for the investment made. A hedge can be created by many forms of financial instruments which include insurance, swaps, forward contracts, stocks and many other financial instruments.

In simple words hedging is reducing/controlling the risk of the financial investment. This is done by taking a position (future market) which is opposite to the position taken in the physical market which aims to reduce or limit the risks of the financial investments. This is a two step process. Any loss or gain in a position in the cash because of changes in the price levels are dealt by changes in the value through a…

REFERENCES

Jorion, Philippe (2009). Financial Risk Manager Handbook (5 Ed.). John Wiley and Sons. p. 287.

"A survey of financial centers: Capitals of capital." The Economist.

Baily Nicholas, David Browne and Eve Hicks (2003), "UK Corporate use of Derivates," The European Journal of Finance, pg. 169-193

Ali Fatemi & Carl Luft (2002), "Corporate Risk Management Costs and Benefits," Global Finance Journal, pg. 29-38

Managing Risks in Healthcare
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Healthcare Management

isk management in healthcare organizations includes activities that integrating the recognition of risks, assessments of risks, coming up with strategies to be used and mitigation of these risks that have been identified. The focus on this paper is how to proactively prevent risks in healthcare organizations. The area of focus in financial risk management is risks that are managed using trade financial instruments such financial management systems, appropriate EM, coding, billing, collections, general accounting, budgeting, expense management, managed care contract strategy and vendor relations processes. isks are unavoidable and are present in every human situation .T he most common concept that appears in all definitions of risks is the uncertainty of the outcomes involved in the risks. Due to the uncertainty of the nature of risks the healthcare systems should have proactive measures in place to ensure that these risks are prevented and do not take place at…

References

University of California (2008). Ways to Reduce Risk. Retrieved March 24, 2014 from http://map.ais.ucla.edu/go/1000570

ECRI Institute ( 2010). Sample Risk Management Plan for a Community Health Center Patient Safety and Risk Management Program. Retrieved March 24, 2014 from http://bphc.hrsa.gov/ftca/riskmanagement/riskmgmtplan.pdf

Berg H., (2010). Risk Management: Procedures, Methods and Experiences. Retrieved March 24, 2014 from  http://gnedenko-forum.org/Journal/2010/022010/RTA_2_2010-09.pdf 

The World Bank Group, (2014).Better Risk Management Can Unlock Opportunities, Prevent Crises, and Protect Poor amidst Disasters and Shocks, Says World Bank . Retrieved March 24, 2014 from  http://www.worldbank.org/en/news/press-release/2013/10/06/better-risk-management-unlock-opportunities-prevent-crises-protect-poor-amidst-disasters-shocks

Management in Business Operations and Performance
Words: 12446 Length: 45 Pages Document Type: Term Paper Paper #: 41162745
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Integrating Total Quality Environmental Management Systems - a Critical Study of TQEM

Relevance of TQM to Environmental Management

Scope of Dissertation

Moving from Reactive to Proactive Management

Understanding TQM in Relation to TQEM

History of TQM

Operation of TQM

Quality and Environmental Management Standards

Environmental Management Systems

Weaknesses of EMS Standards

Total Quality Environmental Management

Comparing ISO 9000 and ISO 14000

Integrating the ISO 14000 Environmental Management System

Demographics

Impact of certification on economic and ecological performances

Research Design and Nature

Integrating a Sustainable EMS with TQM

Steps to Implementing an Effective TQEM Strategy

Final Word

ibliography

INTEGRATING QUALITY AND ENVIRONMENTAL ManagementS SYSTEMS - A CRITICAL STUDY

INTRODUCTION

ackground and Overview of Study

For decades economic growth has been considered the main indicator of a healthy society (Oliver, 1996). However, only recently has society begun to recognize the environmental cost of this growth. As a result, there is now an…

Bibliography working paper. Winnipeg, MB: International Institute for Sustainable Development, 1996. 58

Bisang, O. (2000), Green Banking - The Value of ISO 14001 Certification

Chattopadhyay, S.P. (2001), "Improving the Speed of ISO 14000 Implementation: A Framework for Increasing Productivity," Managerial Auditing Journal, 16/1, pp. 36-39.

Chinn, R. (March 21, 2001). Roadmap to Realization -- "Getting Started with Your QMS/EMS Integration Process. Alamo Learning Systems.

Clark, D. (1999), What Drives Companies to Seek ISO 14000 Certification, Pollution Engineering, Summer, pp. 14.

management and leadership dream job CFO
Words: 2096 Length: 7 Pages Document Type: Research Paper Paper #: 65483668
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My Utopia Job: CFO
Being a Chief Financial Officer (CFO) for a major Fortune 500 company would be my dream job. Capitalizing on a core base of competencies in accounting, cash flow management, and risk management, the CFO sits in the C-suite with a greater sense of purpose and a role that is instrumental in guiding the organization’s strategies (“Chief financial officer (CFO) job description,” 2017). An understanding of management concepts, theories, and principles will help me achieve this goal to help me manifest a utopic career. For example, systems theory shows how the CFO fits into the overall organization and its interdependent, multilateral nature. Likewise, the CFO must have mastered the main management concepts like those we have studied in this class including control and coordination. The CFO is role that balances strategy, tactics, vision, ethics, and communication. To be a successful CFO, one must also master essential conceptual,…

Risks in a Brewery
Words: 518 Length: 2 Pages Document Type: Essay Paper #: 43994178
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Risk Plan Outline Anheuser-Busch. Your Course Project assignment prepare a Risk Plan Outline give direction paper.

arly breweries

Survival in a constantly expanding business environment

Investing more finances in the first years of the enterprise

Liquor liability insurance

Having the market interested in the product

The right marketing company

The right retailer

The right attitude

Dealing with financial obligations correctly

Direct finances effectively and on time

Promote products depending on the amounts available

Concentrate on communicating with the market

Legal aspects of the business

Devising selling strategies depending on the states the company is selling its products in

Playing an active role in campaigns meant to promote moderation in drinking

c. Cooperating with the authorities

Worker safety

a. Making sure all workers are well-acquainted with regulations they need to follow

b. Having all machineries inspected on a frequent basis

c. Promoting a clean working environment

X. Devising strict risk tolerance…

Esslinger's book is a thorough account regarding the complete beer-making process and the numerous economic, marketing, and social elements that are involved in it.

Whaley, R.E. "Derivatives: Markets, Valuation, and Risk Management," (John Wiley & Sons, 26 Feb 2007)

This book relates to the relationship between market research and being in charge of a brewery. Risk management is essential in making it work properly and marketing is thus one of the most significant aspects of the whole brewing process.

Managing Building Security
Words: 1785 Length: 7 Pages Document Type: Essay Paper #: 53444195
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components and regulations concerning the design of a physical security system for a privately owned company. This essay will create a system that reflects the needs of the customer. The customer is an office, and paper and computer storage facility that is private in nature and requires certain security requirements that can meet this customers specific and unique needs.

The essay will first describe the necessary standards and credentials that this security design plan will use to base its construction. This design will correspond to the ASIS private company standards and will consist of three main components; Exterior, Functional Areas and Building Standards. Through the explanation of each component, the customer will have a thorough understanding of how and why the specifications will be met according to accepted practiced and professional standards

ASIS

ASIS is an international organization that organizes security professionals. ASIS is one of many these types of…

References

Atlas, R.I. (2013). 21st century security and CPTED: Designing for critical infrastructure protection and crime prevention. CRC Press.

Baker, P.R., & Benny, D.J. (2012). The complete guide to physical security. CRC Press.

Gibson, V., & Johnson, D. (2013). CPTED, but not as we know it: Investigating the conflict of frameworks and terminology in crime prevention through environmental design. Security Journal.

Mlakar, P.F. (1999). Structural design for physical security: state of the practice. ASCE.

Management of Amazon
Words: 3055 Length: 9 Pages Document Type: Term Paper Paper #: 36157245
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Amazon is the largest internet-based company in America with headquarters located in Washington and Seattle in the United States. The company was founded in 1995 by Jeffrey Bezos and it started as online bookstores then diversified to selling videos, CDs, MP3 and DVDs. Today, Amazon offers about 4.7 million books, computer games, DVD and a wide variety of items of all kids. Ever since Bezos opened the doors of Amazon, online retailing has been defined and redefined for the rest of the Internet retail worldwide, and today it offers the customers a superior shopping experience through the provision of a high level of customer service. This research paper will discuss the impact of the Amazon's mission, vision and primary stakeholders' overall success, while analyzing different forces of competition and how they impact the business of the company. SWOT analysis will also be performed to determine the strengths, weaknesses, opportunities and…

References

Amazon.com. (2014). Digication e-Portfolio. Retrieved October 21, 2014, from  https://stonybrook.digication.com/gilbert_ 

Bensoussan, B.E., & Fleisher, C.S. (2008). Analysis without paralysis: 10 tools to make better strategic decisions. London: FT Press.

Bruce, M. (2008). SWOT analysis: a tool for making better business decisions.. London: U.S. Dept. Of Agriculture, Risk Management Agency.

Jurevicius, O. (2013). SWOT analysis of Amazon. Amazon SWOT analysis 2013. Retrieved October 19, 2014, from  http://www.strategicmanagementinsight.com/SWOT-analyses/amazon-SWOT-analysis.html

isk Communication and Its Importance for the Security Manager

Identify what risk communication is and explain its importance for the security manager

Communication is a significant factor in all aspects and sectors of life. The social, political or economic features of are transmitted exclusively through communication. Communication is the act of conveying information and messages from an individual to another or a group. It serves to, teach, educate, learn, entertain and to warn among other purposes. Thus, in any organization or area of a corporate or personal life, it is imperative to have effective and efficient communication. The safety of a person, corporate organization or a nation can always be assured. Communication is, therefore, needed in ensuring this safety.

What is risk communication?

If you are told that, in the path, you are about to take, there is a gargantuan poisonous snake lying by the side of the path; you…

References

Roeser, S., Hillerbrand, R., Sandin, P., & Peterson, M. (2012). Handbook of Risk Theory:

Epistemology, Decision Theory, Ethics, and Social Implications of Risk. Dordrecht:

Springer Netherlands.

Hayes, R. (2007). Retail security and loss prevention. Basingstoke [u.a.: Palgrave Macmillan

Apple International Corporate Exposure Management Project
Words: 3491 Length: 10 Pages Document Type: Term Paper Paper #: 36726223
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risk that Apple Inc. faces with respect to its international economic exposure. Apple designs its products in the United States, manufactures them in China and then sells them all over the world. In order to analyze this exposure, a number of steps will be undertaken. The first step will be to provide an overview of the business, what its foreign exchange exposure is, and how the company manages that foreign exchange rate risk. The subsequent sections will discuss the degree of exposure that the company has to other forms of international risk -- economic risk in particular. There will be an industry and company analysis to provide a framework for this discussion of risk. There is also going to be a discussion of how the company manages the different risks to which it is exposed, and what the analysts' views of this exposure are as well. The final component of…

Works Cited:

Adams, S. (2012). Apple's new Foxconn problem. Forbes. Retrieved November 28, 2012 from  http://www.forbes.com/sites/susanadams/2012/09/12/apples-new-foxconn-embarrassment/ 

Apple Inc. Form 10-K for the year ended September 29, 2012. Retrieved November 28, 2012 from http://files.shareholder.com/downloads/AAPL/1748317980x0x610219/112dd7d2-e33a-44 AD-b4ea-8870c5dd9281/AAPL_10K_FY12_10.31.12.pdf

CBO. (2012). An update to the budget and economic outlook: Fiscal years 2012 to 2022. Congressional Budget Office. Retrieved November 28, 2012 from  http://www.cbo.gov/sites/default/files/cbofiles/attachments/08-22-2012-Update_to_Outlook.pdf 

Conerly, B. (2012). Real estate forecast 2013: The housing market. Forbes. Retrieved November 28, 2012 from  http://www.forbes.com/sites/billconerly/2012/10/08/real-estate-forecast-2013-the-housing-market/