The Risk Management Certification for agents and brokers is designed around fundamental disciplines that provide the core competencies needed to reduce
the risk of doing business.
We hope to foster a discussion about how to minimize
the risk of doing business internationally, while remaining competitive.
To help assess
the risk of doing business with others.
Keep in mind that credit scoring models are specifically designed to help lenders predict
the risk of doing business with you.
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform, labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the restaurant industry; factors impacting our ability to drive sales growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack of suitable new restaurant locations; higher - than - anticipated costs to open, close or remodel restaurants; increased advertising and marketing costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets;
risk of doing business with franchisees and vendors in foreign markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible assets; a failure of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.
Related - party transactions represent another significant, continuing, and underappreciated
risk of doing business in many different cultures and business environments.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34)
the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The first and most obvious lesson involves
the risks of doing business overseas, where it is all too tempting to rely on the guidance of locals to tell you what's legal and what's not.
For would - be Amazon partners, this is just the latest cautionary tale about
the risks of doing business with the online retail giant: No matter what the company says, there are no equal partnerships when Amazon is involved.
Three recent but unrelated incidents illustrate the need to rethink — and reprice —
the risks of doing business in China.
Even though, Chinese investors are also warned
the risks of doing business in Canada as outlined in the CIPA's Country Report — Investing in Canada.
Legal Week, in association with CMS, is hosting a panel discussion on how to take advantage of the business opportunities in Central and Eastern Europe (CEE) and mitigate the potential
risks of doing business there.
Despite the potential rewards, there are significant
risks of doing business in Africa.
Assess the strengths and weaknesses of the portfolio so that the client can understand
the risks of doing business with the rights - holder.
Most companies share some common concerns about
the risks of doing business, such as a lawsuit that could put the entire operation at risk.
Not exact matches
Business don't have faith that investments they make in new capacity today will provide enough
of a return to justify the
risks.
Here»; s what small
businesses can
do to reap the benefits
of endorsements while minimizing the costs and the
risks.
Doing business in a country that faces allegations
of human rights abuses such as Eritrea carries with it a certain amount
of reputational
risk.
And if he
does get there, he'll prove that old - fashioned, low -
risk consumer banking is one
of the world's best
businesses.
And if you need to cobble together multiple plans to insure for greater
risk, you at least can take comfort from knowing that there are dozens
of companies that might be interested in
doing business with you.
While it's true that a good insurance policy can
do much to reduce lawsuit worries and that many small, savvy
businesses don't have debt problems, it's also true that
businesses which face significant
risks in either
of these areas should probably organize themselves as a corporation or LLC.
When consumers and the financial industry
do come on board, the Committee advises regulating it much like other financial services products, like supervising bitcoin exchanges with «requirements for
business continuity planning,» and «a forum for fraud prevention and disclosure
of bitcoin's
risks and costs.»
«The reality these days is that the
business that
does not have a code
of ethics subjects itself to a much greater
risk in its day - to - day operations and if there is an unfortunate incident, they expose themselves to much greater
risk [from] regulatory and prosecutorial authorities.»
You don't need a college degree, but you
do need to be aware
of the
risks and realities
of business ownership.
So
does your family, so don't let the twin
risks of student debt and a startup
business demolish your financial security.
Relying almost exclusively on data - driven processes, Nguyenova is a proponent
of continuous AB testing in multiple areas
of the
business (to quickly figure out what works and what doesn't), and encourages constant adaptability so startups never run the
risk of going obsolete or succumbing to competition.
Potential
risks and uncertainties include, among others, the possibility that the anticipated synergies
of the combined companies may not be achieved after closing, the combined operations may not be successfully integrated in a timely manner, if at all, general economic conditions in regions in which either company
does business may deteriorate and / or Oracle or Vocado may be adversely affected by other economic,
business, and / or competitive factors.
Mr Stephen Rogers chief executive
of Clough's Oil and Gas
business unit said that the Apache project would generate a strong and consistent earnings stream for the Oil and Gas
business unit, with positive cash flow, and as the contract is rates based, Clough
does not assume any lump - sum
risk.
Rather, I wanted to illustrate how poorly most
of us assess
risk in our personal lives — and the same is true when it comes to what we
do in our
businesses.
This is true for all sorts
of businesses, but I don't think it's true for one that aims to meet the underserved and most at
risk where they are — in community centers, libraries, churches.
Their themes — don't
risk it all, stay small, charge for value, free is stupid — fly in the face
of the conventional image that web success comes from big startups that attract massive amounts
of free users and then massive buyouts — yet they're right in line with a time - honored
business practice: making a profit.
That's right: While one
of the main purposes
of a
business plan is to help you avoid
risk, the act
of creating one
does create a few
risks as well.
Bank
of Canada governor Mark Carney ruffled feathers earlier this year when he blamed the country's «abysmal productivity record» on a lack
of investment on the part
of risk — averse CEOs, maintaining that while government has
done its part, «
business, thus far, has disappointed.»
The alert noted that in a recent SEC Office
of Compliance Inspections and Examinations study
of 75 financial firms, 5 percent
of broker - dealers and 26 percent
of advisors and investment funds
did not conduct periodic
risk assessments
of critical systems to uncover vulnerabilities, potential
business consequences and other cybersecurity threats.
In other words, a
risk - averse Pentagon is an ineffective Pentagon, and some cost overruns should be embraced as the cost
of doing business.
While the IRS claims the letters don't constitute an audit, they certainly run the
risk of creating a chilling effect on thousands
of American
businesses.
Starting a
business is hard, and if you
did a really sober - minded assessment
of the
risks and likely outcomes, you'd probably never get started in the first place.
Actual results, including with respect to our targets and prospects, could differ materially due to a number
of factors, including the
risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the
risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the
risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this
business; the
risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the
risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the
risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the
risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix;
risks associated with the ramp - up
of production
of our new products, and our entry into new
business channels different from those in which we have historically operated; the
risk that customers
do not maintain their favorable perception
of our brand and products, resulting in lower demand for our products; the
risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall
of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability
of receivables and other related matters as consumers and
businesses may defer purchases or payments, or default on payments;
risks resulting from the concentration
of our
business among few customers, including the
risk that customers may reduce or cancel orders or fail to honor purchase commitments; the
risk that we are not able to enter into acceptable contractual arrangements with the significant customers
of the acquired Infineon RF Power
business or otherwise not fully realize anticipated benefits
of the transaction; the
risk that retail customers may alter promotional pricing, increase promotion
of a competitor's products over our products or reduce their inventory levels, all
of which could negatively affect product demand; the
risk that our investments may experience periods
of significant stock price volatility causing us to recognize fair value losses on our investment; the
risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity
of raw materials, subsystems and finished products with the required specifications and quality; the
risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired;
risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization
of products under development, such as our pipeline
of Wolfspeed products, improved LED chips, LED components, and LED lighting products
risks related to our multi-year warranty periods for LED lighting products;
risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development
of new technology and competing products that may impair demand or render our products obsolete; the potential lack
of customer acceptance for our products;
risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
As a consequence
of this interconnected style
of doing business, companies are at greater
risk of having confidential information spill into the outside world, either accidentally or through some form
of data theft.
A majority
of female
business owners expect their companies to grow over the next two years, but most don't want to raise prices — and they'd like to avoid
risk, says a new report.
Most
business managers,
of course, prefer to spell out exactly how they want employees to
do a task, and with good reason: if you don't, you face the
risk of having the employee carry it out in an inefficient or even disastrous fashion.
The secret to earning income without
risk or working for it, I learn on this day, is bringing together a buyer and a seller
of services and receiving an ongoing commission on all the
business they
do together.
«If I were to buy the Toys» R «Us
business in Canada, I would be buying it at a discount, I'd be buying the leases at a discount, and I'd be buying the inventory at a discount, because I think there's a lot
of risk to the
business in the long term, even if it's
doing OK today.»
You don't want to
risk loosing valuable clients, vendors or employees because
of negative connotations that might come from putting your
business on the block for sale.
What small -
business groups should advocate comes down to a fundamental question:
Do they believe in their own economic analysis enough to
risk a recession that could hurt many small -
business owners in a game
of chicken over taxes on the highest earning Americans?
Two big announcements last week highlighted the type
of risks faced by
businesses that don't anticipate and adapt to better environmental, social and governance practices.
«We saw that [the internet] was a fundamental change in the way companies
did business, and that it was going to create a fundamentally new type
of risk,» says Robert Parisi, cyber product leader at insurance brokerage firm Marsh USA.
«We want to remain one
of the top states in which to
do business, so why would we want to
do anything to
risk any
of that, by legislation that's really unnecessary and unenforceable?
Accepting some level
of risk is part
of doing business.
Schorr cautions that LLCs won't fit every company's needs: «Because
of the limited number
of states that have enacted LLC statutes, and the lack
of case law, companies that
do business in a range
of states run the
risk of encountering a state that wouldn't recognize the limited liability
of the partners.»