कॉन्फिडेंट लेबल


Comments

Post a Comment

Popular posts from this blog

Concept of Reputation Risk Management || Trainer Anil Maurya

Objective To learn about the reputation risk    Key Learnings from the Video 1. Concept of Reputation Risk The loss of a business/brand’s reputation is known as reputation/reputational risk. The following are the consequences when the brand name of a business gets spoiled: Decreased sales Declined market share Reduction in the social capital (Value of brand on social media platforms) Reputation risk causes loss to business from all aspects. Businesses have to struggle for a long time to gain the lost reputation. For example, a few years back Maggi lost its reputation and was even banned and was away from the market for a long time. The reputation loss also caused loss to its parent company Nestle and also created a challenge for its future in the country, and this resulted into changes in the top management of Maggi. 2. Reasons of Reputation Risk a. Product Failure It means the product is not up to the mark as per customers’ expectations or the commitments which you made while...
Read more

COMPLIANCE AND LEGAL RISK || TRAINER ANIL MAURYA

Compliance And Legal Risk। Trainer Anil Maurya  Objective  To minimise the compliance and legal risk Key Learning 1. When does compliance risk arises? Compliance risk arises due to: Breach of internal & external regulations Breach of contracts Breach of laws 2. Key points of compliance & legal risk Applicable laws Companies act Trust Income tax FSSAI (Food safety and standards act) Drug license Applicable penalties Imprisonment Fine Appear before magistrate Obligations under a contract Quarterly budget Actuals Returns Tax Risk rating CRISIL CARE ICRA Compliance status 3. Impact of compliance risk (i.) Legal impact Fine Imprisonment Product seizures Penalties Legal impact arises when you ignore laws thinking that related ministry is also ignorant about the same. For example: In the year 2017, the Ministry of corporate affairs strike off around 2,00,000 companies nationwide because these companies failed in legal compliance. This hampered the business operations wherein ...
Read more

CURRENCY RISK || TRAIN ANIL MAURYA

Currency Risk Management || Trainer Anil Maurya   Objective of the E- book  To learn how to manage currency risk  Key Learnings from the Video 1. What is Currency Risk? Currency risk is also called "exchange rate risk" that arises from the change in the price of one country's currency with respect to another. Investors or companies that have assets or business operations in other countries are exposed to currency risk. For example:  An Indian company agrees to purchase $10,000 worth products every month from a US company.  In this case, the Indian company has to convert INR into USD for making monthly payment to the US company. If the price of USD increases, the Indian company has to pay extra for the $10,000, then what they were paying earlier.  This situation is called currency risk for the Indian company.  2. Types of Currency Risk  i. Transaction Risk  This risk arises when a company deals with another company in a country that has a...
Read more