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To start with.
Introduction
What is a risk?
Types of risk How to manage risk? Steps to work RISK Management. Advantages of Risk Management. Few inferences drawn.
Introduction
The speed of money is faster than its ever been. It is also said that, Higher the risk, Higher the
What is RISK?
RISK is the potential that a chosen action or
activity (including the choice of inaction) will lead to a loss (an undesirable outcome).
In simple language, RISK is related to the
Types of RISK
Strategic Risk Business/Financial Risk Program/Project Risk Operational Risk Technological Risk
faced. Understanding how RISKs interact. Identifying the uncertainties. Providing inputs into investment decisions. Understanding the implications of different courses of action. Assessing the financial implications of decisions. Viewing Risks as opportunities. Providing visibility of the risks that an organisation wishes to take delibarately asa weell as those it wishes to guard against and actively avoid.
tools. Managing risks requires degree of courage and action. To learn from past experiences and mistakes. To take responsibility and to find out way.
Bibliography :
Risk Management by Andrew Holmes
by Don Chance. Financial Management by Khan & Jain. Credit Risk Management by S.K.Bagchi. Internet.
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