IBUS3102 : IBUS3102 International Risk Management MidSem Notes
Document Summary
Exam part 1: multiple choice, short answer, true or false. Questions from lectures, readings, workshops, and cases from all weeks prior to exam (weeks. Insightfully analyse the business model of a company and make an assessment on the strengths and vulnerabilities of the business model. 1. 5 2 hour length in a 3 hour time period, closed book, bring a calculator. Definitions of risk: risk = the probability of a negative occurrence happening in the future, risk is a condition of decision-making and comes from uncertainty associated with deviation from expectation. It is the negative outcome possibility focused on the future and has measurability. Start with the firm, which is nested in the general environment, and operates in between this environment and its industry, then look inter- firm: firm in general, business model, peste, political and regulatory. Political risk = sudden upheavals/changes in government e. g. thailand coup, rudd v. Regulatory risk = legal space and regimen e. g. legislative, executive, judicial: economic.
