Study On Business Risk Assessment Of Shanghai QS Foreign Trade Company

In recent years the epidemic,international relations and other complex situations intertwined,the probability of occurrence of foreign trade companies operating risks is increasing,and the degree of its impact is increasingly aggravated.How to improve the ability of foreign trade companies to prevent business risks has become a problem that managers must think deeply about.At present,domestic and foreign business risk assessment is less based on comprehensive risk management theory,mainly for financial information for business risk assessment,while non-financial information is generally not included in the study.Therefore,it is of certain research significance to combine qualitative and quantitative risk assessment for enterprises through comprehensive risk management theory.Based on comprehensive risk management theory,this paper combines Borda sequential value method and risk matrix to assess the overall business risk of Shanghai QS Foreign Trade Company.In the operational risk identification stage,the internal environment is scanned for strategy,supply chain management,business and financial status to identify internal operational risks;the external environment is analyzed by PEEST method for political-legal,economic,ecological,socio-cultural and technological risks.In the operation risk analysis and evaluation stage,the Borda sequential value method is combined with the risk matrix: firstly,a group of experts is established to assign values to the probability of occurrence and impact degree of operation risks and determine the operation risk level to obtain the initial risk matrix;secondly,the importance ranking of operation risks according to the Borda sequential value method is conducted to enhance the objectivity of risk evaluation;finally,based on the importance results,the AHP method is applied to determine the weight,and the company’s business risk level is comprehensively evaluated,corresponding avoidance measures and suggestions are proposed accordingly.Based on the above research process,the following conclusions are obtained:(1)from the perspective of comprehensive risk management,the business risk assessment can evaluate the business risks of enterprises in a more comprehensive and integrated manner;(2)the business risk assessment system combining the Borda sequential value method and the risk matrix can identify the key risks and general risks more intuitively and effectively;(3)according to the importance ranking,the business risks of Shanghai QS Foreign Trade Company are in the order of four key risks: financial risks,economic risks,supply chain management risks and business risks;(4)the optimized risk matrix has a strong application value in foreign trade and other industries.