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Cosmetic surgery industry in Brazil: an assessment using cause and effect model and risk assessment matrix

Teo, Poh Chuin and Lim, Johan Kii Geat and Ho, Theresa C. F. and Tan, Sim Yin (2020) Cosmetic surgery industry in Brazil: an assessment using cause and effect model and risk assessment matrix. International Journal of Academic Research in Accounting, Finance and Management Sciences, 10 (1). pp. 157-164. ISSN 2308-0337

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Official URL: http://dx.doi.org/10.6007/IJARAFMS/v10-i1/7050

Abstract

Brazil ranks only second after the United States for the most cosmetic procedures performed in the year 2017. The impressive number of Brazilian cosmetic procedures highlights a profitable market that tends to attract business opportunities to this area. Hence, this study strive to analyze the risk and consequences of cosmetic surgery to physical and mental health as the hidden costs for beauty in Brazil, and recommend areas for improvement to the cosmetic surgery industry in Brazil aimed at combating the issues of surgical failure in the country. Risk and Assessment Matrix was adopted to analyse the risks and consequences of cosmetic surgery to physical and mental health of patients, and the Cause and Effect Model Lastly was employed to identify the possible root causes for Brazilians to risk their life for beauty. The findings showed that the different types of cosmetic surgery complications carry different level of risks and consequences to patients, and the evolving cosmetic surgery trend in Brazil is driven by the factors include culture, cost of offering, growing economy of the country, and celebrity trend. Lastly, recommendations are given to business practitioners and government.

Item Type:Article
Uncontrolled Keywords:cosmetic surgery industry, Brazil, cause and effect model, risk assessment matrix
Subjects:H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HF Commerce
Divisions:International Business School
ID Code:90876
Deposited By: Yanti Mohd Shah
Deposited On:31 May 2021 13:40
Last Modified:31 May 2021 13:40

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