Black Swan Analysis

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PGDM EXECUTIVE 2013-14

TERM-III STRATGIC MANAGEMENT

POSITION PAPER: THE BLACK SWAN

UNDER THE ABLE GUIDANCE OF DR. R CHOPRA

SUBMITED BY:

MANJU
1303-025

Table of Contents

1. INTRODUCTION

2. BACKGROUND

3. BLACK SWAN STRATEGY

4. BLACK SWAN EVENTs

A. TERRORIST ATTACK SEPTEMBER 2001

B. FLOODS, DROUGHTS, EPIDEMICS

C. PERSONAL COMPUTER

D. FINANCIAL CRISIS IN 2007-08

5. CONCUSION

6. REFERENCES

INTRODUCTION
This document summaries that the discussions of ‘black swan’ events and strategy, such that events that have a low likelihood but create a very large impact.“Black Swan strategies,” is strategies that Generate losses most of the time but occasionally lead to large profit. How the black swan events impact on business and real word.
Event of Black swan is an unexpected event of large scale and outcome and its leading position in History. These events measured extremely outlier, more technical which play a major, effective and dynamic role then regular happening. It explains an event that occurs as a shock with a large effect and is often wrongly reorganized after the statement of details with the effect of study. World War I, US Twin tower September 2001 attack and many more examples of the same events.
The Black Swan event is such a event which cannot be predicted by any means. It’s very difficult to analyse the total risks. These problems are prevalent in social matters. The fundamental idea, it concerns to our sightlessness in relations to randomness. There are many incidences happened which show the black swan or unexpected ev...

... middle of paper ...

...over the world. And world took two year to recover not fully but up to extend from this crisis.

CONCLUSION Financial Crisis 2008, this happened even after so many information, knowledge, expertise, analyst were existing. But it happened and it denoted the market was running with lack of major information. And it all impacted to all over the world and the impact of 2008 financial crises still showing in current years. And from then people are taking safe step while taking loans, insurance facilities etc.
So black Swan is nothing but a series of unpredictable events which we think would not happen but they happen to us and further they are explained across each and every phenomenon of life.

REFERENCES

1. http://www.chicoer.com/breakingnews/ci_24022917/new-normal-great-recessions-lingering-effects
2. http://universalium.academic.ru/250593/Financial_Crisis_of_2008

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