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Managerial Accounting: An Overview EXERCISE P-6 Enterprise Risk Management The table below refers to seven industries. Required: For each industry, provide an example of
Managerial Accounting: An Overview EXERCISE P-6 Enterprise Risk Management The table below refers to seven industries. Required: For each industry, provide an example of a business risk faced by companies that compete within that industry. Then, describe an example of a control that could be used to reduce the business risk that you have identified. Industry 1. Airlines (e.g., Delta Airlines) 2. Pharmaceutical drugs (e.g., Merck) 3. Package delivery (e.g., United Parcel Service)... 4. Banking (e.g., Bank of America). 5. Oil & gas (e.g., ExxonMobil) 6. E-commerce (e.g., eBay) 7. Automotive (e.g., Toyota) Example of Business Risk Example of Control to Reduce the Business Risk
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