Research On Risk Management Of Y Company Based On Risk Matrix

In the era of high-speed development of the Internet,the online economy and offline economy are integrated,and the new retail model has become a new development direction of the retail industry.Enterprises adopting the new retail model have a high development speed,but at the same time,there are various uncertain risks due to its particularity.If the risk management and control measures are not implemented properly,it may cause significant harm to the enterprise,and even lead to bankruptcy crisis.Therefore,risk management is becoming more and more important for new retail enterprises.Risk management and risk matrix have been introduced into the newly released application guidelines of management accounting issued by the Ministry of Finance,which clearly put forward that risk matrix is one of the tools in the field of risk management,which can more comprehensively assess the size of risks from the two dimensions of probability of occurrence and degree of impact,and help enterprises orderly carry out risk identification and risk management and control.In this paper,Y Company,a new retail enterprise,is taken as a research case,and the risk matrix method is selected to follow the steps of risk identification,risk assessment and risk management and control to study and discuss the risk management of Y Company.First,identify and sort out the primary and secondary risks of Company Y.Secondly,the complex risk points that are difficult to measure are decomposed into two dimensions:impact degree and probability of occurrence for evaluation and quantification,the value of the product of the two is used as the standard to judge the risk level,and the risks of different levels are plotted in the risk matrix chart displayed in different colors.Finally,the paper puts forward differentiated control strategies and countermeasures for different levels of risk,puts forward suggestions for improvement and development,and summarizes and prospects on this basis.The risk matrix has certain advantages in quantifying the size of risk and intuitively displaying the level of risk.The practical significance of this paper is to analyze the risk matrix in the risk risk management of new domestic retail enterprises,reflect the urgency of risk in time with numbers and colors,and provide practical suggestions for the risk management of emerging new retail enterprises,It also provides new ideas for the application of risk matrix to other new retail enterprises.