August 2007
Intermediate to advanced
408 pages
11h 53m
English
Content preview from Strategic Risk Taking: A Framework for Risk ManagementBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Chapter 10. Risk Management: Profiling and Hedging
To manage risk, we first have to understand the risks that we are exposed to. This process of developing a risk profile thus requires an examination of both the immediate risks from competition and product market changes as well as the more indirect effects of macroeconomic forces. We will begin this chapter by looking at ways in which we can develop a complete risk profile for a firm, where we outline all the risks that a firm is exposed to and estimate the magnitude of the exposure.
In the second part of this chapter, we turn to a key question of what we should do about these risks. In general, we have three choices. First, we can do nothing and let the risk pass through to investors in the ...
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I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.