This comes in many forms, such as problem-solving creativity, special knowledge and skills, work experience, and willingness to risk investment capital for promising new enterprises.
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Another risk is the threat of nationalization of foreign enterprises, as was recently the case with YPF in Argentina and Red Electrica in Bolivia.
It distracts banks from their true purpose of expanding financial opportunities and reducing risk for an ever wider circle of citizens and enterprises.
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Now, organizations can create a cross-department, enterprise-wide identity management process that provides a layer of intelligence to give enterprises the business insights needed to strengthen IT controls and reduce operational risk.
In order to eliminate the risk of access-related security breaches as well as to meet regulatory requirements, enterprises must have an effective approach to Identity and Access Management.
FORBES: Recent IT Security Breaches Make Enterprises Review Their IAM Strategies
Even if the particular crowdfunding investment is legitimate, the entire process will still be fraught with risk since unsophisticated business people will likely use crowdfunding to raise money for their new enterprises.
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If the Chinese government wants to better insulate itself from a possible risk that there could be widespread allegations of fraud directed at several state-owned enterprises and internationally well-recognized Chinese companies, it needs to institute strong corporate governance policies on its more prestigious and successful companies.
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"It provides a critically important benefit to New Yorkers, and it does that without putting jobs at risk" or causing administrative burdens for businesses or hardship for mom-and-pop enterprises, she said outside City Hall while flanked by council members, union leaders and members, and advocacy groups.
America uniquely bridges across cultures, tolerates risk, explores novel combinations and celebrates wild ideas that may someday turn into improbably high-value enterprises.
Because of failures of major financial institutions due to excessive risk taking, lenders became much more cautious, making it difficult for entrepreneurs to invest in new enterprises that would create jobs to replace those that were lost.
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By implementing a business-driven approach to IAM, enterprises can ensure its access-related processes are in full alignment with the business and are both risk-proof and audit-proof.
FORBES: Recent IT Security Breaches Make Enterprises Review Their IAM Strategies
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