How much to invest in a risk
You are the CEO of a growing company and chairing a meeting to decide the allocations in the capital budget for the next period.
Health Canada proposes restrictions on the promotion of vaping products under the Tobacco and Vaping Product Act
Health Canada has proposed new regulations that would place stricter limits on the advertising and promotion of vaping products and make health warnings on vaping products mandatory. According to Health Canada, the proposed Vaping Products Promotion Regulations (the Proposed Regulations) under the Tobacco and Vaping Products Act (TVPA) are a stated effort to mitigate the impact of vaping product promotion on young persons and non-users of nicotine containing products.
Risk and consequences
I like to think that effective risk management helps the managers of an organization, at all levels, make the informed and intelligent decisions necessary for success – reliably achieving enterprise objectives considering all the things that might happen, both positive and negative.
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