Business Risks
No comprehensive identification of all risks in a business environment is possible. In today’s technology-dependent business environment, risk is often simplistically divided into two areas: business risk and a major subset, technology risk.
Examples of Business Risks
Following are some of the most common business risks:
- Treasury management Management of company holdings in bonds, futures, currencies, and so on.
- Revenue management Management of consumer behavior and the generation of revenue.
- Contract management Management of contracts with customers, vendors, partners, and so on.
- Fraud Deliberate deception made for personal gain, to obtain property or services, and so on.
- Environmental risk management Management of risks associated ...
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