Risk Management for Nokia (PDF)
(Sprache: Englisch)
Research Paper (undergraduate) from the year 2013 in the subject Business economics - Business Management, Corporate Governance, grade: 1 (First) = 82 %, New College Durham, language: English, abstract: Tremendous events like 9/11, the huge property/...
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Research Paper (undergraduate) from the year 2013 in the subject Business economics - Business Management, Corporate Governance, grade: 1 (First) = 82 %, New College Durham, language: English, abstract: Tremendous events like 9/11, the huge property/ banking/ debt/ euro crises, failing
projects like Heathrow Terminal 5 or the instable political situation in many countries of
the Middle East - just a few examples of events that have made people and
organisations more aware of risks and uncertainty. Therefore, risk management has
been gaining more and more in importance since the 1970s and is included in most
organisations' policy nowadays. (Merna & Al-Thani, 2008, p.40 [Online])
However, even if the connotation of the word "risk" in our everyday language is quite
negative, risks do not just mean threats (also called "downside risks") but they can also
provide opportunities ("upside risks"). (Woods, 2011, p.22)
Consequently, "avoiding a risk may mean avoiding a potentially huge opportunity"
(Frame, 2003, [Online]), which makes risk management a complex matter that is
essential to be considered thoroughly by every organisation that is interested in longterm
profitability.
projects like Heathrow Terminal 5 or the instable political situation in many countries of
the Middle East - just a few examples of events that have made people and
organisations more aware of risks and uncertainty. Therefore, risk management has
been gaining more and more in importance since the 1970s and is included in most
organisations' policy nowadays. (Merna & Al-Thani, 2008, p.40 [Online])
However, even if the connotation of the word "risk" in our everyday language is quite
negative, risks do not just mean threats (also called "downside risks") but they can also
provide opportunities ("upside risks"). (Woods, 2011, p.22)
Consequently, "avoiding a risk may mean avoiding a potentially huge opportunity"
(Frame, 2003, [Online]), which makes risk management a complex matter that is
essential to be considered thoroughly by every organisation that is interested in longterm
profitability.
Bibliographische Angaben
- Autor: Rieke Hinrichs
- 2013, 1. Auflage, 25 Seiten, Englisch
- Verlag: GRIN Verlag
- ISBN-10: 3656428948
- ISBN-13: 9783656428947
- Erscheinungsdatum: 23.05.2013
Abhängig von Bildschirmgröße und eingestellter Schriftgröße kann die Seitenzahl auf Ihrem Lesegerät variieren.
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- Größe: 3.64 MB
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Sprache:
Englisch
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