6. How does identifying and organizing identified risks (can be via Risk Register) help the company's operation? Explain its importance and provide an example or situation that this can be realized.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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FINANCIAL MANAGEMENT

6. How does identifying and organizing identified risks (can be via Risk Register)
help the company's operation? Explain its importance and provide an example or
situation that this can be realized.
7. Research: Select 1 Type of Financial Institution (e.g Commercial Banks,
Insurance Companies) With your choice, select one company in the Philippines (e.g.
BDO, Philam Life etc.) that you are or will wanted to have savings/investments
transactions with. Research also the following:
7a. Company History
7b. Mission Vision
7c. Product offering
Explain the reason why you choose the company and the possible transaction or
product/service/investment you are planning to get from them. Ensure to cite
your sources accordingly.
8. Why do we only need to invest the surplus or excess of our money/fund? Explain
in the perspective of the following:
8a. As an Individual (Personal Finance)
8b. As a leader of a business/corporation
Transcribed Image Text:6. How does identifying and organizing identified risks (can be via Risk Register) help the company's operation? Explain its importance and provide an example or situation that this can be realized. 7. Research: Select 1 Type of Financial Institution (e.g Commercial Banks, Insurance Companies) With your choice, select one company in the Philippines (e.g. BDO, Philam Life etc.) that you are or will wanted to have savings/investments transactions with. Research also the following: 7a. Company History 7b. Mission Vision 7c. Product offering Explain the reason why you choose the company and the possible transaction or product/service/investment you are planning to get from them. Ensure to cite your sources accordingly. 8. Why do we only need to invest the surplus or excess of our money/fund? Explain in the perspective of the following: 8a. As an Individual (Personal Finance) 8b. As a leader of a business/corporation
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