The book aims to be a primer to Risk Management as a whole. It concentrates on Financial Risk majority of the time. The examples it states are invariably financial. Sometimes those examples are incorrect. Eg: When i export to Japan from US, my risk is exchange rate risk (which i can mitigate by a Forward or a Swap), credit risk (esp if sold on account), volatility risk in addition to non-financial risks covered by FOB marine insurance. Risk management encompasses State Actor risk a.k.a Sovereign risk. Good attempt for a primer, but needs to be more encompassing. The writing style is simpler to understand, if the formulas were absent.
5.0 out of 5 starsDo you know if the business risk you want to take is worth taking?
16 June 2018 - Published on Amazon.com
Being a business owner, it is important to analyze all aspects of your company. Often you need to make decisions and those decisions can make or break your company. Understanding how to analyze the risk can help you better understand what risk you should or should not take. Which risks will benefit your company and which risks are really not worth taking.
Disclaimer: I was received this book free for my honest review.
This guide is a quick read for simple understanding of risks that one may encounter in the business world. It is a easy to read guide that one may use as a review of risk management such as credit and operational.
5.0 out of 5 starsAgain the author Greg Shields delivers a great book that helps one to learn and grow in ...
18 June 2018 - Published on Amazon.com
Again the author Greg Shields delivers a great book that helps one to learn and grow in the area of accounting and business management where financial matters are concerned. I always look forward to his new material.