FIN 415 Week 1

Individual Risk Management Overview Paper

Resources: Corporate Risk Management, Risk Management Insurance (Harrington), Risk Management Insurance(Trieschmann), and Electronic Reserve Readings

Prepare a 700- to 1,050-word paper.

Define organizational and business risk, and describe their relevance to your organization, or one with which you are familiar.

Discuss at least three additional corporate risk terms from your readings or other resources, and their relevance to your organization.

Format your paper consistent with APA guidelines.

Discussion Questions

What is risk management? What is the importance of risk management in an organization? How does risk management mitigation create value for an organization?

What are the benefits of risk management? What is the difference between hard and soft risk management benefits? Why would an organization choose one risk management benefit over another?

What are the different types of risk? How would you differentiate a typical risk and a corporate risk? Which type of risk has the most impact on your organization, or one with which you are familiar?