Severe Weather Threatens Businesses. It’s Time to Measure and Disclose the Risks
Harvard Business
SEPTEMBER 14, 2017
When weather conditions are on average adverse over days, weeks, or entire seasons, shortfalls in sales cause reduced cash flows and can lead to financial distress and business failure. However, efficient risk management can only take place on the condition that the risks are defined. These disruptions add up. alone, or 3.5%
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