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Books > Reference & Interdisciplinary > Communication studies > Decision theory > Risk assessment
This book positions risk management as a key element in
successfully managing a nonprofit organization. Risk management in
nonprofits has several unique characteristics that distinguish it
from risk management in for-profit organizations. The authors
present and explain specifically tailored strategies and tactics
for risk management in nonprofits Risk Management for Nonprofit
Organizations is a straightforward, yet comprehensive guide that
can be used to easily communicate effective risk management ideas
among the various stakeholders who comprise a nonprofit
organization. This is a book that can be used to educate and inform
nonprofit professionals as well as the nonprofessional volunteers
who are so critical to the operations of many nonprofits. It is a
tool that will enhance both understanding and communication of risk
management principles. Written in clear, jargon-free language, it
is a resource that can be read by board members, professional
nonprofit managers, volunteers, and other stakeholders of the
nonprofit organization. As a tool for building a common
appreciation and understanding of risk management, this book has
the potential to become a valuable asset for the nonprofit
organization.
The world of options is considered high-risk by many. At its
original options treading in the modern era began in the early
1970s when the first listed calls were offered on a short list of
companies; a few years later, put trading was added. Since this
time, options trading has become available on most companies on the
large public exchanges. However, the high-risk reputation of
options has persisted through the years, even as dozens of new and
often conservative strategies have been introduced. Today, the best
use of options is not to speculate on price movement, but to hedge
market risk in equity portfolios. Many strategies can combine
hedging with income, establishing advantageous circumstances for
risk-averse traders. It is possible to apply several strategies to
reduce risk and in some instances, to eliminate market risk
completely. This book examines the many ways this can be
accomplished, based on options for three highly-rated companies.
These are qualified as a first step by exceptionally attractive
fundamental attributes and trends: Higher than average dividend
yield with dividend increases over at least 10 years; a range of
moderate price/earnings ratios each year; growing revenue, earnings
and net return; and level or declining long-term debt as a
percentage of total capitalization.
As an extension of Volumes I and II of this series, this book
contains a detailed elaboration of the Tesla story, in a way that
also serves to examine the interaction of technology and economic
forces that determine the structural profitability of any industry,
especially capital-intense industries. The economics are the "five
forces" introduced to the management lexicon by strategic
management scholars. Here there is strong emphasis on the interplay
among product technology, production and supply chains, and "Wall
Street." The author is a retired business professor; his research
interest has been the management of technology and innovation. For
this book, he double-checked none of the 1,250 media items
collected, accepting their overall veracity at face value. This
approach advocates no one person, no one company, no one
technology, and no portion of the global automobile industry.
Analysis and practical application came foremost.
The volumes in this series may be likened to a complete case study
of Tesla through the end of 2018. Many popular media articles are
excerpted, abridged to illustrate points of theoretical emphasis.
This keeps the story alive, meaningful, and urgent. Strategic
management is a corpus of scholarship in the Academy of Management,
as is technology and innovation management. Project management is
found academically within operations management, and led in
practice by the Project Management Institute. The volumes in this
series intersect where these fields meet and capital projects are
planned, budgeted, and financed. Volume I tells the Tesla story and
then presents chapters that address, in order: corporate governance
and project stakeholder or communication management, project
portfolios as strategic corporate portfolios, and an
executive-level review of the best-practice project management
paradigm, as applied to capital projects. The epilogue takes the
story through the end of 1Q2019 and offers additional commentary.
This book is companion to Volumes I and III in the series. Volume I
covers managing strategy through capital project portfolios; Volume
III is a complete case study. This volume describes the strategic
challenge of adding real economic value, properly and rigorously
defined. The author explains how this is accomplished through the
capital budgeting process; discusses the importance of free cash
flow and finally, capital projects, as financial options, are
discussed, as a way to manage risk while enhancing the likelihood
of project approval. The author is a retired business professor;
his research interest has been the management of technology and
innovation. For this book, he double-checked none of the 1,250
media items collected, accepting their overall veracity at face
value. This approach advocates no one person, no one company, no
one technology, and no portion of the global automobile industry.
Analysis and practical application came foremost.
Buying and selling options is the fastest growing investment
strategy when compared with other trading venues such as buying and
selling stocks, futures, and foreign exchange currencies. Millions
of investors who understand the financial leverage offered by
options are earning impressive, steady incomes by buying and
selling call and put options. The successful investors learn how
options work. They develop watch lists of trade candidates and
study price charts to find prospective trades. And they apply
rules-based option trading strategies that succeed much more often
than they fail. Even when they lose, their rules limit their losses
to acceptable levels. This book was written by a successful option
trader. He introduces options and how they work to those who are
ready to learn how they work. The book emphasizes the application
of time-tested option trading rules. These rules use price charts,
market volatility, key option values, and risk graphs to achieve
high-probability option trading outcomes. The book also details ten
option trade examples that include trade setups, entries, trade
management techniques, and supporting illustrations.
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