Otaku
Hobbyshop
Address : Jl. Langensari 34, Yogyakarta
Owner’s name : Joseph Ronny Nugroho
Operation time: everyday at 9:30 am- 9:30 pm and
Monday-Sunday : 9:30 am -3:30
Otaku Hobbyshop was established since 16th May 2006. Otaku Hobbyshop is one of the well known shop for otaku goods in Yogyakarta (Otaku is a japanese termed who refers to people with obsessive interest especially into comic, cartoon, or japanese video games). This company was originated formed because of the owner has a hobby to collects toys and he was fad to try selling it. Which eventually became a business that still runs to this day.
Otaku Hobbyshop sell products such as:
- Plastic model,
- Action figure
- shirts,
- merchandise,
- magazine,
- etc.
And also have a side business which is book (comic/magazine) rental
RISK OF THE BUSINESS
. Risk itself can be defined as any issue that impacts an institution’s ability to meet its objectives. Based on the interview with the owner the risk faced by otaku hobbyshop are:
A. Types of Risk
- hazard risk or insurable risk:
* physical hazards: disasters that happened can cause the company to suffer loss
* Moral hazards: the chance of loss occurs because of the dishonesty tendencies from his employee (thievery)
- financial risk: unsold goods, exchange rates
- operational risk: delayed at delivery services, errors
- strategic risk: competitors, trends
B. Sources of Risk
- physical environment
- economic environment
- social environment
- operational environment
C. Manage It’s Risk
And how the company deal with its risk, Otaku Hobbyshop in order to manage their overall risk, they applied couples of strategy, such as keep promoting their business through facebook. And also when facing with canceled order from the customer also unsold products, the company give discounts to the customers. And also to deal with the risk, the company has been preventing thievery by doing stock opname or inventory check.
CONCLUSION
Every
company facing many different kinds of risk. And in order for the company meet
it’s objective, it will be smarter to anticipate their risk by designing and
implement risk management tools and procedures to their company in order to meet its business objectives.