Discussion Board # 1

Discuss how you can apply the concepts learned in this course to your current or future career. How might the lessons you have learned positively impact your career success?

Respond to post:

Campbell’s messages pertaining to crisis management had several points that resonated with me. The first would be to have a backup method of communication. During a crisis, you need to be able to communicate effectively. A system being down is not an excuse for not being able to get the message out. This is especially true in life or death situations. The second point that resonated with me was to make the crisis about the people. The corporation must take care of the people. They should care for the people even when the cameras and police have left the scene. They should care about the people involved and how it affects them. They should care about families and employees.

Respond to post:

I have chosen the Euro which is currently trading at 1.062 to the US dollar. If the Euro depreiates against the dollar, it would mean that you get more Euros for every dollar you have. In the currency markets, the Euro (EUR) and the US dollar (USD) trade under the EUR/USD symbol and it is one of the most ommonly traded currency pairs in the world.

Discussion Board # 2

Part I: How can information you learned in this course be applied to your life and/or work to increase your future success?

Part II: Based on the company you selected to study for this unit, list and describe three reasons why risk management might increase the value of the firm.