Reference no: EM132643407
Review the required textbook (Financial Reporting, Financial Statement Analysis and Valuation: A Strategic Perspective James W. Wahlen, Stephen P. Baginski, and Mark Bradshaw Cengage) readings and the additional resources on risk management. Notice that there are specific strategies that a majority of companies employ in order to mitigate risk and address risk as it happens.
Answe the following questions:
-What company and industry have you selected, and what are some of the risks that the company and industry are facing in the current economic and political environment? You need to research risks from current financial publications (e.g., Bloomberg, The Financial Times, The Economist). Note: For this assignment, a current publication is no older than four years. Quote your source.
-Has the company addressed these risks? If yes, how? If not, what should they have done?
-Is another competitor on the market facing the same risks, and how did they address them? Briefly summarize.
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