Topic One
This topic addresses the risk-taking process. It has defined the risk-taking as to a procedure that is taken by an organization in committing the available resources to investment activities without considering the outcome losses. It has also highlighted the three significant considerations which are finance, reputation and last time. In finances, provides information regarding the financial crisis. It has ascertained that financial institutions may undergo an economic crisis which is as a result of excessive risk-taking. Therefore, the management of an organization must make sure that financial risk mitigation is in place so that stability can be attained in the organization. The second consideration is a reputation which ascertains that risk-taking is a process that can have impacts on the importance of a business. Lastly is time such that the time a risk occurs is not known. The topics provide beneficial information about risk-taking.
Topic Two
The second topic talks about the necessity of risk. It ascertains that risk is an inherent aspect in today’s world, which means that individuals should recognize it exists and be ready to face it in the business. The ability to continue with the operations will depend on how one can mitigate the possible risks that arise. IT should recognize that chances are there, and they have to be handled to ensure there is a smooth running of the organization. This topic gives information which considers risk as a legal aspect. Informing the target audience about what they should do to ensure everything is well addressed.
Topic Three
This topic addresses a successful acceptance of risk concerning Mark Zuckerberg. This involves what Mark Zuckerberg was advising business individuals that taking risk should be part of their operations. It gives quality information to anyone who intends to start a business about the strategies they can put in place to ensure that risks which may arise in operations are mitigated. Individuals should accept risks, and risk acceptance is the first step that will result in the success of the business. Through addressing the success risk-taking story, a person can learn a lot and how to do business daily. The acceptance of risk is the initial step to success, and that is what Mark Zuckerberg did, now running a multi-billion dollars company. This is because he accepted that risks exist and they must be handled in such a way that it will allow for business continuation. Taking risks should be enhanced as one of the organizational processes to provide long term business success and sustenance in a competitive environment. The topic is very crucial as it allows for the need to accept the risks and also help business professionals to enhance long term success.
Topic Four
This topic addresses the understanding of the risk of incorporating cryptocurrencies in a business. It ascertains that cryptocurrency is taking over, especially when it concerns the payments of major retailers in the business environment. This has been brought into the retail business as a result of the changing technology. This is a new technology that has been introduced. Therefore the article addresses it as a new form of risk which has been submitted. Sustainable strategies should thus be implemented to ensure that such are addressed without leading the business into losses. The company, before considering its application, should provide whenever a risk arises, it should handle it with great concern.