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FIN 711 UOPX Risk MGT Identifying Analyzing & Responding to Risk Factors Discussion
PART 1
Write a 250- to 300-word response to the following:
What is risk management and how does it relate to corporate finance? Explain some of the tools that are used to reduce business risk and financial risk.
Include your own experience as well as 2 citations that align with or contradict your comments as sourced from peer-reviewed academic journals, industry publications, books, or other sources. Cite your sources using APA formatting.
PART 2
REPLY IN 150 WORDS
In risk management, we can create a Risk Assessment Matrix.
With quantitative risk analysis, the approach is numerical or statistical. We can use past performance to project future risk.
What happens when we retire a risk? Does it disappear? May it resurface? What does it mean to the Risk Register and the Risk Management Plan
PART 3 REPLY IN 150 WORDS
A big picture perspective is making companies wealthier.
The fact is that poor countries have a tough time competing in the global marketplace.
However, there are some countries that have geographic strength, despite a poor GDP. Can you discuss a country that is in this situation?