Homework: Types of Risk
View the following video:
This video introduces the concept of business risk and risk management. It notes that business risks can generally be classified into two categories: internal (Controllable) and external (Not controllable).
Using both categories of risk, develop an analysis of how financial management techniques or policies can be used to mitigate each of the risks. To supplement your risk analysis, you must use at least one article for each of your risk mitigation techniques or policies from the Ashford University Library database.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
Required Resources
Text
Byrd, J., Hickman, K., & McPherson, M. (2013). Managerial finance [Electronic version].
• Chapter 7: Required Returns
• Chapter 8: Cost of Capital
Multimedia
BusinessQldGov. (2014, April 10). Identifying business risk - Risk management series (YouTube Video).