Operations management Essay Example | Topics and Well Written Essays - 2500 words - 5

Operations management - Essay ExampleThe intended audience of the article ar find management authority in companies and organizations. The text is approved by the Institute of Publishers in Germany. The article specify the term risk management that might help organizations to identify some of the potential risk that be likely to face a company. The text is related to the risk concepts and themes based on the ways in which risk can interfere the functionality and operations of a business. Additionally, the major strength of the article is that the research headland on risk management overview is well defined. One limitation of the article is that it does not address decent ways of managing risk.The article asserts that the objective of the risk management is reducing various risks that are related to the pre-selected cranial orbit to those that are acceptable. Additionally, it may entail various threats that are caused by technology, environment, politics, humans, and organiz ations. Additionally, the paper explains that the risks are not motiveless to avoid and is present in each situation of human. The risks are present in daily operations, private, and familiar sector companies. Therefore, irrespective of the risk context, risk management is generally universal in either proficient or stakeholder causes. The author of this article is a lecturer of university of Chicago. The intended audience of the article are risk management oversight committee in parastatals and other government offices. The New York publishers approve the text. The article defined the term risk management that might help organizations to identify some of the potential risk that are likely to face a company. The text is related to the risk concepts and themes based on the ways in which risk can interfere the functionality and operations of a business. Additionally, the major strength of the article is that the research