Week $4$ Discussion Forum: Financial risk management $($LO$3)-20$ points

Due: Sunday, February $4,2024,11$:$59$ PM

There are three main sources of financial risk for an organization: changes in the market, the actions of and transactions with other organizations, and internal actions or failures. Which of these do you believe poses the greatest threat to an organization? Why? As an organization's financial leader, how should the CFO mitigate these sources of financial risk?

Essential Activities:

Reading Chapter $1$ : What Is Financial Risk Management? will assist you in completing your discussion forum posts.

Reading Chapter $19$: Risk

Management$-$General Concepts will assist you in completing your discussion