The Board Chairman of Bukom Fishing Limited says the board of directors have the responsibility of...
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The Board Chairman of Bukom Fishing Limited says the board of directors have the responsibility of deciding which risk the company will be prepared to accept or not accept. He identifies the following: (a) Liquidity Risk (b) Strategic Risks (e) Reputation Risk (d) Competition Risk Write brief notes explaining each of the risk identified by the board chairman. (20 marks) The Board Chairman of Bukom Fishing Limited says the board of directors have the responsibility of deciding which risk the company will be prepared to accept or not accept. He identifies the following: (a) Liquidity Risk (b) Strategic Risks (e) Reputation Risk (d) Competition Risk Write brief notes explaining each of the risk identified by the board chairman. (20 marks)
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Answer rating: 100% (QA)
a Liquidity Risk Liquidity risk refers to the potential inability of a company to meet its shortterm financial obligations It arises when a company la... View the full answer
Related Book For
Management A Practical Introduction
ISBN: 978-0078112713
5th edition
Authors: Angelo Kinicki, Brian Williams
Posted Date:
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