Risk Management in a Global Context

Module code: MK2004

This module explores the issues if identifying, assessing, and mitigating risks in international business operations.  You will examine financial, operational, political, strategic, and reputational risks.  The complexity of global interdependence is highlighted throughout.  Risk is considered as both a threat and a strategic opportunity.

You will be guided through the theories and concepts associated with enterprise risk management frameworks and decision-making under uncertainty.  You will explore tools for risk assessment and scenario planning.  Case studies illustrate risk events in multinational corporations.  Governance and compliance considerations are integrated into analysis.

The module will help you to evaluate risk mitigation strategies and develop organisational resilience.  You will build skills in assessing probability, impact and strategic response.  Critical thinking is encouraged when examining global crises and disruptions.  Analytical models support structured risk evaluation.

You will consider how geopolitical instability, supply chain disruptions, and technological change create new risk landscapes.  Ethical implications of risk-taking are examined.  The importance of transparency and stakeholder trust is discussed.  By completion you will understand how risk management supports sustainable international performance.