21 Risks -- uncontrolled and controlled Flashcards

1
Q

Uncontrolled: 12 risks

A
  1. new entrant in the market, particularly a market disruptor
  2. price war as a competitive response initiated by a competitor
  3. new government regulations, congress goes after your industry
  4. manageability of different regions, costs, or workforce needs
  5. tariffs, coming and going, shifting suppliers
  6. supply chain inconsistencies, bankruptcy of suppliers
  7. increased fuel or commodity prices
  8. currency shifts
  9. geopolitical events
  10. workforce gaps, not enough skilled workers, higher wages because of low unemployment
  11. population shifts
  12. environmental disasters
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2
Q

Controlled: 9 risks

A
  1. salesforce risks, shifting product priorities based on commission, capping commission
  2. systems risks, particularly during a merger or conversion
  3. inventory risks, too much or too little on hand, changing needs, storage, tied up capital
  4. public image after a crisis or an endorser’s mishaps
  5. other revenue streams collapsing
  6. cannibalization
  7. losing brand loyalty and consumer trust
  8. lower product quality because of cost cuts
  9. workforce turnover
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