Strategic Risk Management in Agri Business

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Strategic Risk Management in Agri Business
bananigantayat, mba, India

Can any body explain how SRM can be used in agribusiness sector i.e. how to mitigate the risk?

Reducing Risk
Jason C. Meyer, Student, United States
I'm no expert on agribusiness but in order to reduce risks you must first identify them. Go through every possible risk scenario and estimate how likely each risk event is. Then identify and implement steps that can be taken to avert the most likely and/or most damaging risk events.

SRM in Agri Business Sector
Y.S.Ganesh, Senior Teaching Faculty , India
Risk of perishability of agro items
Risk of natural calamities causing crop failure (leading to higher prices & supply problems
Risk of farmers' inability to invest on agro impliments /seed / fertilisers can lead to loss of business
Insurance & derivatives can be considered for SRM.



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