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Electronic Theses, Projects, and Dissertations

2022

Risk

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Enterprise Risk Management: Small And Medium Business, Vasili Krespis Dec 2022

Enterprise Risk Management: Small And Medium Business, Vasili Krespis

Electronic Theses, Projects, and Dissertations

This culminating experience project examined common risk management trends and challenges that SMEs face and provided methods and tools that could limit threats and impact of unforeseeable events. This project demonstrates why business owners should use a risk management planning framework. The research questions were: (Q1) What are risk identification strategies which do not overstrain SMEs' limited resources? (Q2) How may risk analysis be performed effectively in SMEs? (Q3) How does the SMEs risk management system change over time? (Q4) What are the most effective risk analysis techniques and strategies for SMEs with limited resources?

A case study was examined …