Basic Idea of Risk Management

“The identification, analysis and control of those risks which can threaten the operations, assets and other responsibilities of an organization is known as risk management” Risk is basically defined as the combination of the probability of an e...
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5 Stage Process of Risk Management

Risk management is a 5 stage process. These processes go simultaneously. These steps are to be followed for having a good risk management. These steps are listed and explained below:- 1- Risk Identification:- This is the first and the most important...
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