
Doctor Accounting : Chapter 28 in Collaboration with SAA Global Education
Coming back to Risk.
Follow us as we elaborate more on the different types of Risk in Businesses.
Watch Dr Accounting chapter 28 to learn more about the world of Accounting with us!
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Video Transcript
Welcome all. Today I am going to share with you the type of risk. Do you what are the type of risk that the organization faced? I know that you are thinking now. Let me share with you.
Strategic risk. Strategic risk affects the overall positioning of the organization. Example of Strategic risk would be launching of the new product or invest in a new market.
Strategic risk. Strategic risk affects the overall positioning of the organization. Example of Strategic risk would be launching of the new product or invest in a new market.
Another type of risk is Operational risk that affects day-to-day operation of the organization. It caused disruption and the loss in revenue.
The other and the final type of risk is Financial Risk. Financial risk will cause financial impact to the organization. Example of Financial risk would be Credit risk, Liquidity risk, Market risk, Currency risk.
I hope that you find this segment useful and I will share with you more in my subsequent series. Thank you.