Business Risk

Topics: Occupational safety and health, Supply and demand, Security Pages: 2 (398 words) Published: April 24, 2012
Commodity price
Coal price is affected by the global supply and demand for these commodities. It reflects one factor of the porter's five force is the power of buyers, no matter because they are price sensitive, also demanding better quality or more service. However, factors of influence the coal price not just include operational issues, but also natural disasters, weather, political instability or conflicts and economic conditions, and the performance of major oil exporting countries. the fluctuations of price can affect their business assumptions and can impact managers idea on investment decisions and financial position. Whiteheaven Coal Ltd compare with his competitor GCL, it is new and stay in the growth period company, so deal with this problem will not efficient and rapid as GCL. Health, safety, environment and security (HSES)

Given the range of WHC's operated and joint venture production operations globally, their health, safety, environment and security risks cover a wide spectrum. But the major part is the process safety. If this not important in the annual report will not mention it and the CEO will not say thanks to their employees who are worked in open cut mines. Because their outstanding efforts made to optimise the efficiency of these operations. All of those works are relative to the personal health and safety, any mistake of that will lead to loss of life, environmental harm and disruption to reputation of this company. Depending on their fault and severity, they can impact WHC's operational performance and financial position. Therefore, an effective and comprehensive Health Safety Environment and Security management system to reduce this risk and support safe and secure execution of all critical activities.

Host government – political and fiscal risks
WHC operates well in recent years. That means it runs business in some countries where political, economic and social transition is happened. Developments in politics and...
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