What additional risk factors are you adding to your matrix

Assignment Help Risk Management
Reference no: EM13820553

Business Challenges

Designing Value-Based Service

As the rate of innovation increases, companies face expanding product/service lines, shorter product and service lifecycles, and more frequent product/service transitions. All of these can bring tremendous value but also pose enormous challenges and risks.

The article "The Art of Managing New Product Transitions" by Erhun, Gonclave, and Hopman (2007) from the readings for this module includes a matrix titled "Product Drivers and Risk Factors," which focuses on Intel, a company that manufactures high-tech products (p. 76). Based on your readings and research, address the following issues:

Redesign the product risk factor matrix so that the factors are appropriate for a services firm that delivers traditional tax accounting and audit services. For example, among the supply risks, assume that the company relies on individuals with specific knowledge of the tax law in the jurisdictions where its clients operate, be it state, federal, or foreign.

Now, assume that the firm wants to develop a management consultancy practice. (Alternatively, you may choose to add a legal services line instead.). Create a separate new matrix that summarizes the additional risk factors for this firm launching a management consultancy or legal services line. What additional risk factors are you adding to your matrix?

Explain how the business risks differ between traditional tax and audit services and management consulting services. In your opinion, what are the three biggest risks the firm faces if it diversifies into the new service line?

Recommend whether the firm should organically grow into a consultancy service or acquire a third party to achieve new goals. Justify your recommendations.

Develop a 6-8-slide presentation in PowerPoint format.

Reference no: EM13820553

Describe the intuition underlying the macroeconomic approach

Describe the intuition underlying: (a) the macroeconomic approach to identifying risk factors, and (b) the microeconomic (i.e., characteristic-based) approach to identifying

Find the approximate risk-free rate

Consider an option that expires in 68 days. The bid and ask discounts on the Treasury bill maturing in 67 days are 8.20 and 8.24, respectively. Find the approximate risk-fre

The patient protection and affordable care act

Over the next few weeks, you will explore many of the critical components of the Patient Protection and Affordable Care Act. Each week, a different provision will be introdu

How organization better capitalize on non-financial factors

How might the organization better capitalize on non-financial factors such as market share, reputation, human resources, physical facilities, or patents? Support your respon

Design a strategy using swaps that would enable it

In fact, there are bond indices that are quite representative of the universe of bonds in which it would invest. Design a strategy using swaps that would enable it to achiev

How does interest-rate risk arise and how is it measured

How does interest-rate risk arise and how is it measured? How is interest-rate risk related to bond portfolio management? What were some of the credit risks that arose from th

Describe steps involved in an exposure-assessment strategy

Describe the seven steps involved in an exposure-assessment strategy. Apply each step to a scenario where you, as an industrial hygienist, are asked to describe a worker's e

Describe the concept of force-field analysis

Describe the concept of force-field analysis and the forces that either drive or restrain the change process. Using the force-field analysis model, discuss a change initiati

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd