In large multi-division corporations, the constituent businesses are often competing for corporate funding and presenting ideas...

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Operations Management

In large multi-division corporations, the constituent businessesare often competing for corporate funding and presenting ideas fornew products, additional plant and equipment, acquisitions, etc. tothe corporate officers. One of the problems that the corporateofficers have in assessing these proposals from various businessentities is that the business entities know way more about theirbusiness prospects than the corporate officers due. Often, thisdevolves into a discussion of â€œrisksâ€ â€“ the risk of somethinghappening which would make the project a failure. What are some ofthe areas of risk which are likely to be discussed?

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Below are some of the areas of risks that are likely to be discussed 1 Risk of running smooth operations The management would discuss the risks involved in implementing this project so that it does not affect the day to day operations and should not impact the core activities that generate revenue 2 Risk to quality The new reforms should not affect the See Answer

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