Académique Documents
Professionnel Documents
Culture Documents
Uncertainties in
International
Business
Risk
Definition:
Quantifying Risk
Risk Factors
Political risks
Political risks
Economic Risks
Economic risks
Legal Risks
Natural Risks
2 types:
Nature:
Nature
Man-made
Avalanche, blizzards, droughts/extreme heat,
earthquake/tsunami, floods, fires (forest fires), hurricanes,
tornadoes etc.
Man-made:
SOURCES OF RISKS
Physical environment
Social environment
Political environment
Operational environment
Economic environment
Legal environment
Cognitive environment
RESOURCES EXPOSED TO
RISKS
Risk Management
4 major components:
Risk identification
Risk analysis
Risk reducing measures
Risk monitoring
End.
Thank you.