Risk Management in Small-medium Enterprises (SMEs)

How does Risk Management in Small-medium Enterprise (SMEs) contribute to the Company's Financial Performance?

Business & Finance, Management & Leadership, Operations Research
Cover of the book Risk Management in Small-medium Enterprises (SMEs) by Candice Lim, GRIN Verlag
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Candice Lim ISBN: 9783640595099
Publisher: GRIN Verlag Publication: April 16, 2010
Imprint: GRIN Verlag Language: English
Author: Candice Lim
ISBN: 9783640595099
Publisher: GRIN Verlag
Publication: April 16, 2010
Imprint: GRIN Verlag
Language: English

Research Paper (postgraduate) from the year 2010 in the subject Business economics - Operations Research, grade: A14, University of Wolverhampton, language: English, abstract: This paper is proposing to research the influence of risk management on the financial performance of small-medium-sized enterprise (SME) in West Midlands, UK. SMEs expose many risks in their ordinary course of business, such as interest rate risk and foreign exchange risk, natural disasters and so on, that could minimize their profit by increasing their financial loss. This paper shows that how could SMEs reduce its financial loss from risk exposure by having proper risk management tools in place, by interviewing the SMEs' risk managers. The interview generally focuses on the risk management process in SMEs accompany with their annual spending on it, and examines how these risk managements in company are used to overcome the risks. In addition, different perspectives on the impacts of the risk management to company's financial performance, research methodology, research limitations, and research timescale are discussed and presented.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Research Paper (postgraduate) from the year 2010 in the subject Business economics - Operations Research, grade: A14, University of Wolverhampton, language: English, abstract: This paper is proposing to research the influence of risk management on the financial performance of small-medium-sized enterprise (SME) in West Midlands, UK. SMEs expose many risks in their ordinary course of business, such as interest rate risk and foreign exchange risk, natural disasters and so on, that could minimize their profit by increasing their financial loss. This paper shows that how could SMEs reduce its financial loss from risk exposure by having proper risk management tools in place, by interviewing the SMEs' risk managers. The interview generally focuses on the risk management process in SMEs accompany with their annual spending on it, and examines how these risk managements in company are used to overcome the risks. In addition, different perspectives on the impacts of the risk management to company's financial performance, research methodology, research limitations, and research timescale are discussed and presented.

More books from GRIN Verlag

Cover of the book Building Bridges Online by Candice Lim
Cover of the book Railwaymania - Die Anfänge der Eisenbahn in Japan by Candice Lim
Cover of the book Theodor W. Adorno: Prolog zum Fernsehen by Candice Lim
Cover of the book Übliche vertragliche Regelungen beim Share Deal by Candice Lim
Cover of the book Die Konstituierung des Ichs in den Selbstportraits Maria Lassnigs by Candice Lim
Cover of the book E-Collaborating im Unternehmen. Potenziale eines mediengestützten kollaborativen/kooperativen Lernens zur Förderung einer kompetenzorientierten Lernkultur im betrieblichen Kontext by Candice Lim
Cover of the book Personalführung. Einblick in Führungsprozesse und -stile by Candice Lim
Cover of the book Evolutions-biologische Theorien I - Darwin und Nachfolger by Candice Lim
Cover of the book Internationalisierung wissensintensiver Dienstleistungsunternehmen. Das Beispiel der Unternehmensberatung in Europa by Candice Lim
Cover of the book Die Rolle der Mediaagenturen im Wandel by Candice Lim
Cover of the book Bericht nach einer schulpraktischen Studie im Fach Sozialkunde by Candice Lim
Cover of the book Selbst- und Fremdsozialisation - Eine Gegenüberstellung auf Grundlage Jürgen Zinneckers Konzept by Candice Lim
Cover of the book Teamentwicklung (Phasen) im Projektmanagement by Candice Lim
Cover of the book Eine Problemdarstellung zur Metaphysik des Aristoteles by Candice Lim
Cover of the book The Implications of UK Monetary Policy (1990-2012) by Candice Lim
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy