MGT 3260Managing Business Risk

Catalog

Prerequisite(s) and/or Corequisite(s): MGT 2210 This course addresses how business owners/managers deal with the various risks of running a business. Businesses can face unexpected and accidental losses from a variety of sources and, without a solid risk management plan for these contingencies, the resulting losses can result in bankruptcy. This course focuses on the processes used in identifying risk, evaluating the potential for losses to the organization, and creating a strategy to retain or transfer the risk. Major topics include risk to property, liability risk, legal considerations, risk financing strategies, and operational and strategic risks.