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Types of Risk

View the following video:

This video introduces the concept of business risk and risk management. It notes that business risks can generally be classified into two categories: internal (Controllable) and external (Not controllable).

Using both categories of risk, develop an analysis of how financial management techniques or policies can be used to mitigate each of the risks. To supplement your risk analysis, you must use at least one article for each of your risk mitigation techniques or policies from the Ashford University Library database.

Summarize your findings in a three- to five-page paper (excluding the title and reference pages) that is formatted according to APA style as outlined in the Ashford Writing Center. Be sure to properly cite at least four scholarly sources using APA style.

https://youtu.be/cZwyIPGhF_U