This unit introduces students to the nature of risk management, particularly the identification and analysis of risk and the consequences for international business actors. Emphasis is placed on surveying some of the environments that can potentially generate risk for global companies, identifying how these risks can impact various aspects of market composition and market participation, and analysing the impacts of these risks on profitability and firm viability. The business environments surveyed include the international financial system, government and regulation of business activity, compliance risk, corporate social responsibility and activism, as well as issues associated with country and political risk.
1 x 2hr lecture and 1 x 1hr workshop per week
risk analysis 1 (20%), risk analysis 2 (30%), risk management proposal (20%), final exam (30%)
IBUS1102 or IBUS2102Prohibitions