Management & Enterprise at Risk

To manage the affair of the company although organization call for advance planning in the relation to the set up of the organization called for effectively approach to understand the set up of the organization in the line with the competitive range of the similar organization so as to avoid entrepreneur risk.

For understanding the competitive range of market survey to be carried out by experience & efficient market performance to study the areas with the necessary requirement of the product to have the market range in the nearby business organization.

With this, we are aware that to meet the challenges of the newly set up of the company or the organization we have to initial carry out the market survey in the line with the presentation of an advertisement in well-known paper so as to have the clear picture of the set up of new organization or the company .

 Besides the presentation of pamphlet or circular in a decent & also an attractive manner play a fruitful part.

With the above set up & after completing the formalities as per the company law, we have to set up the working system for initial & important part of obtaining finance thru company shareholder & promoters of the company starting with the authorized capital.

With compulsion of above procedure, we may have initially started the requirement for our products all the necessary machinery & equipment for which we have to start with technical personnel & administrative staff covering also the financial & personnel management.

If the organization start with the effectively & efficient management the chances of risk can be certainly avoided. In Management compass the chances of risk should not be overlooked.

    The risk is a very basic nature of the business, industries, covering the organization & its management.

 Risk generally comes out with the lack of planning especially in the finance & the program of purchase & the inventory connected therewith with the risk besides proper administrative planning including the recruitment program & also the production planning as per the order on the hand may help considerably risk management.

With the limited knowledge of mine regarding enterprise risk management, I believe that the enterprise itself is to take on our hand & action of risk management.

 To start with enterprise, at the beginning stage it calls for proper planning with their root cause for the action to be taken out for the enterprise covering the future working environment in the right line of management.

 With this with our planning we have to start with the finance , our early requirement of the purchase of the necessary line of material to be required recruitment of manpower including the labor force the date of completing the product as per the requirement of our clients & such other areas to be taken care of in enterprise risk management .