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Posts Tagged ‘Risk Management’

Risk management process consists of several steps in which the earliest step is to identify potential risks occur that can jeopardize the achievement of company strategic objectives. As we know that the risks are events that can cause harm if it happens to a company. So the purpose of identifying risks is to identify and classify the risks that exist and what are anticipated to occur which may affect the company’s survival.

Therefore, to identify risk we can begin by identifying the sources of the cause of the problem or the problem itself:
• Analysis of the sources of the causes of problems.
Occurrence of problems can be caused because the internal risk factors
or external. Read the rest of this entry »