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» Personal Loan No Credit Check, Online Economics » Management economics » Topics begins with W » Weather risk


Page modified: wtorek, lipiec 12, 2011 21:10:24

Weather risk one calls the dependence on production and sales volumes or the cost factor of influences of the weather. Belonged to the industries, which have a high weather risk, classical-proves the agriculture, whose harvest quantities of the weather can be strongly affected. Further industries with a high weather risk are the construction industry, which beverage industry, at which have a strong dependence on summer temperatures on mineral water or refreshment beverages; the tourism and leisure industry in addition, municipalities, whose road cleaning costs are for example strongly dependent on influences of the weather.

Weather risks can be so significant for an enterprise that they are a component of the enterprise-internal risk management and are used weather derivatives, in order to reduce these risks.


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