CIMA P3 Risk Management
eBook - PDF

CIMA P3 Risk Management

Course Book

BPP Learning Media

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eBook - PDF

CIMA P3 Risk Management

Course Book

BPP Learning Media

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BPP Learning Media provides comprehensive materials that highlight the areas to focus on for your exams and complement the syllabus to increase your understanding.

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Information

Social/environmental
impacts?
Reputational 
risks?
Local 
residents
There 
was 
ecological 
damage 
to
coastlines 
and 
local 
wildlife.
This 
was 
positive 
as 
many 
volunteered
with 
the 
clean-up 
operation 
and
helped 
treat 
affected 
animals.
Local 
businesses
Tourism 
and 
fishing 
businesses
were 
badly 
hit, 
affecting
families 
and 
others 
whose
livelihoods 
were 
based 
on 
the
sea.
Longer-term 
demand 
may 
be 
affected
in 
customers’ 
eyes 
as 
fewer 
people
would 
travel 
to 
this 
location 
if 
they 
felt
it 
had 
been 
spoiled.
Risk 
Management
110
Test 
your 
learning
Suggest 
five 
types 
of 
environmental 
factor 
that 
could 
be 
used 
to 
formulate 
strategy.
1
What 
are 
the 
two 
main 
types 
of 
strategy 
that 
Porter 
(1980) 
suggested 
an 
organisation 
should
2
adopt 
in 
order 
to 
compete 
successfully 
with 
its 
rivals?
What 
does 
the 
term 
‘disruption’ 
mean 
in 
terms 
of 
strategy 
formulation?
3
What 
are 
the 
three 
pillars 
used 
in 
the 
Basel 
III 
stress 
testing 
methodology?
4
What 
is 
reputational 
risk?
5
What 
is 
brand?
6
3: 
Strategy, 
reputation 
and 
risk
111
Risk 
Management
112

Table of contents