Mgt 630 Assignment Impacts, Risks, And Stakeholders

Impacts, Risks, and StakeholdersLocated in Riyadh, Saudi Arabia, Saudi Arabia Fertilizer Company (SAFCO)is the leading manufacturer of fertilizers within the kingdom and among the main producers of fertilizer related products in the region. However, risk is universal and extent through allmatters of life including businesses. To the business sector, risks create severe loss exposures which may negatively affect the running of the business (Jones, R. N.,2001). Risks can too lead to disruption in operational activities, financial loss, and even liquidation within the business. Therefore, managing risks to manage and reduce the loss exposure is necessary to a business that wants to be successful.Risks in businesses might arouse from uncertainties related to the management, political affairs, natural disaster, and cultural factors (Rice, G., 2004). However, businesses taking risks in a number of ways can result in innovation and competition. Some of the risks that the Saudi Arabia Fertilizer company faces include; the risk of lower prices than expected average prices of related fertilizer products. This can lead the company towards making subsequent changes in their valuation. To estimate the probability that the risk might occur in the near future within the company, there are a number of factors to be