Skip to main content

acca

Comments

Post a Comment

Popular posts from this blog

leadership skills,skills coaches,skills holidays 2011 top skills types

presentation skills ,leadership skills, skills coaches ,skills holidays ,   improve reading skills   key skills maths ,   skills coaches  good leadership skill   free skills test skills   study skills class,  assessment test functional    skills resources, skills   bus trips, skills coach  holidays computer skills    study skills   social skills    holidays computer skills    management skills   communication skills  
Post a Comment
Read more

Managing risk

Managing risk There are many techniques available to manage risk. Some look to manage overall risk, whilst others target specific risks. Avoiding risk Some risks can be totally avoided. If a business has identified that opening a subsidiary in Austria appears high risk, then not opening the subsidiary solves the problem! However, to totally avoid a business opportunity is often a rather extreme reaction – and if no risks are taken, the chance of returns being earned is small! Reducing risk Overall Risk Reduction Risk is the uncertainty caused by variable returns. One way to deal with uncertainty is to By operating in many different sectors, it is likely that when one sector is performing badly, another will be doing well, leading to a diversify . smoothing of profits. Advantages of Diversification ● Smoothing of profits, making forward planning easier ● May be economies of scale between some sectors, however diverse those sectors are. Disadvantages of Diversification ● Spreading r...
Post a Comment
Read more