Out of several things determining the success of the business, the ability to manage the financial risk is also an important factor. Failing to manage the financial risk has lead to the failure of many big companies. MF Global bankruptcy is one of the greatest examples of failure where the company made several attempts to raid the customers’ account to meet the financial obligations (heartland.org, 2012). The company's inability to manage the financial risk caused the loss of million dollars to the customers, and the company turned out to be bankrupt (Till, 2012). This paper explains about various techniques ...
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