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FormsRisk ManagementBusiness ServicesUniversity of

FormsRisk ManagementBusiness ServicesUniversity of

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hello everyone welcome to business school 101 risk management is an essential aspect of running a successful business whether you work for a large company with an entire risk management department or you are a small business owner who needs to investigate risk management yourself risk management is a very important factor for your success your overall objective should be to make your company as safe as possible prepared for the likelihood of a financial physical or technological problem so what is risk management what are the most common types of business risks how to handle those risks are there some real world examples in this video I will discuss these questions with you Section 1 definition risk management refers to the process of identifying assessing and mitigating risks that could impact a company's strategic objectives this involves analyzing potential risks such as Market volatility competitive threats regulatory changes and natural disasters and developing strategies

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