Question

In: Operations Management

What are the generic tools used to deal with the exposures in the area of financial risk management?

What are the generic tools used to deal with the exposures in the area of financial risk management?

Solutions

Expert Solution

The best way to deal with the financial risk management risks is to stop them. Some examples of avoidance "may mean not launching a new product, stopping the development of an existing risky product, discontinuing certain operations, or choosing not to do business in places where there is a given threat"


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