Airlines are most likely to face four types of risk, namely operational, financial and hazard risks. These types of risks can arise from both the business environment’s internal and external factors. Operational Risk These types of risk arise from the tactical aspects of operating the...
Introduction PepsiCo is an American multinational food, snack and beverage company which is located at Purchase, New York, USA (The Editors of Encyclopaedia Britannica, 2019). In 1993, the company faced a crisis which is called the Pepsi Syringe crisis (Paul Holmes, 1993). It was started...
Background of JP Morgan J.P. Morgan, a commercial banking giant headquartered in New York, USA, is one of the largest financial services organizations in the United States with operations in more than 50 countries. JP Morgan's Chief Investment Office (CIO) - the official function is...
Definition of Risk Risk entails the uncertainty of future deviations from expected earnings or outcomes. It gauges the uncertainty that investors are willing to embrace in pursuit of investment returns. It encompasses the probability or threat of damage, injury, liability, loss, or any other adverse...
Introduction The tax landscape for an organisation keeps changing, more so due to the world becoming more interconnected and digitalized. Hence, the tax policies may not be up to par with the increase in globalisation and business developments creating various tax risks for an organisation....
In today`s competitive markets, operational risk management has been a significant and daunting task on daily basis. Risk is recognized as unusual opportunity of facing undesired consequences such as damage, loss or injury that may occur during business operations. Though operational risk is better viewed...
A disaster is defined as a serious disruption of the functioning of society, causing widespread human, material or environmental losses, which exceed the ability of an affected society to cope using only its own resources. Disasters, both natural and man-made, cause major damage and loss...
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