“The Influence of Systematic and Unsystematic Risk on the Development Strategy for Fashion Industry Subjects in the Emerging Markets”

Abstract

In emerging markets, a crucial role is played by systematic and unsystematic risk management. This article analyses the impact of multifarious risks such as political and cultural on companies operations that deals in the fashion industry. Political risks and terrorism are exogenous risk-factors on which the company's strategist can hardly influence. However, a cultural risk-factor is amenable to management. Ignoring the last can reduce the investment effectiveness or even cause irreparable financial collapse