An effective financial risk management for a business

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Focusing on business organization, the book explores the definition and various types of risk, particularly financial risk. It examines internal and external factors influencing financial risk management, highlighting opportunities from risk-taking activities and strategies for managing these risks. A case study of a startup illustrates practical applications of financial risk management policies, including the importance of skilled employee selection, performance evaluation, compensation mechanisms, initial funding challenges, and contingency planning for unexpected financial events during economic crises.