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Threats To A Company Is Term Paper

Public disorder and domestic extremism are most likely to affect companies operating in Middle East as compared to the ones operating in Africa

How the threats presented affect operations such as shipping, personnel security, and business continuity.

The threats presented above are most likely to presented affect operations such as shipping, personnel security, and business continuity in various ways. Terrorism for instance is most likely to disrupt supply chain/logistics of the company. It can also threaten the personnel thereby directly interfering with the business continuity of the given business. The level of terrorism could be too high to bear and this might force the company to close shop or relocated to other less risky environments. Crime such as piracy has a more direct influence on the business continuity and operation costs of the company while white-collar crime can affect the profitability and hence business continuity of the business. The effects of a natural disaster may directly affect the security of personnel, supply chain and in some cases the operations (business continuity of the company).

Conclusion

Every business should adopt an enterprise-wide risk management plan aimed at ensuring that the supply chain, personnel and...

Every multinational preparing to expand to Middle east and Africa must employ sound risk management programs in order to ensure that their assets are safe from the threats outline above.
References

Burns, L (2011). Toward a Contemporary Definition of Terrorism.Available online at http://forumonpublicpolicy.com/vol2011no3/archive/burns.pdf

Gunaratna, R (2006). Terrorism in Southeast Asia: Threat and Response. Center for Eurasian Policy Occasional Research Paper Series II (Islamism in Southeast Asia), No. 1.Available online at http://counterterrorismblog.org/site-resources/images/Gunaratna-Terrorism%20in%20Southeast%20Asia-Threat%20and%20Response.pdf

Hubbard, Douglas (2009). The Failure of Risk Management: Why it's Broken and How to Fix it. John Wiley & Sons. p. 46.

Price Waterhouse Coopers (2008). A practical guide to risk assessment*. How principles-based risk assessment enables organizations to take the right risks.Available online at http://www.pwc.com/en_US/us/issues/enterprise-risk management/assets/risk_assessment_guide.pdf'

Wisner, B., Blaikie, P., Cannon, T and Davis, I (2004). At Risk - Natural hazards, people's vulnerability and disasters. Wiltshire: Routledge. ISBN 0-415-25216-4.

Sources used in this document:
References

Burns, L (2011). Toward a Contemporary Definition of Terrorism.Available online at http://forumonpublicpolicy.com/vol2011no3/archive/burns.pdf

Gunaratna, R (2006). Terrorism in Southeast Asia: Threat and Response. Center for Eurasian Policy Occasional Research Paper Series II (Islamism in Southeast Asia), No. 1.Available online at http://counterterrorismblog.org/site-resources/images/Gunaratna-Terrorism%20in%20Southeast%20Asia-Threat%20and%20Response.pdf

Hubbard, Douglas (2009). The Failure of Risk Management: Why it's Broken and How to Fix it. John Wiley & Sons. p. 46.

Price Waterhouse Coopers (2008). A practical guide to risk assessment*. How principles-based risk assessment enables organizations to take the right risks.Available online at http://www.pwc.com/en_US/us/issues/enterprise-risk management/assets/risk_assessment_guide.pdf'
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