Progress Energy

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Progress Energy Finance Manager Interview Question

I interviewed in Raleigh, NC and was asked:
"This was a business case about risk management and you had to define the specific risks involved and how you would mitigate them"
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Part of a Finance Manager Interview Review - one of 12 Progress Energy Interview Reviews

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I told them that the situation was one that needed to be looked at from a broader perspective because no business situation exists in a vacuum and that risks come from very unlikely sources. I did a "back of the envelope" input-output model to show that the risks were not just doing business with this entity but also with their suppliers of their raw materials and with their customers since with their customers there was a concentration risk that needed to be addressed.

- Interview Candidate on Aug 7, 2012

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