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Risk Management can be defined as the process of identification, assessment and prioritization of risks by an organization. Identification of risk is the process of locating the events that , when triggered cause the risk. Once the source of risk or problem is known, the possible events that the source may trigger or the events that can lead to a problem can be investigated. The method of identifying risks may depend on organizational culture, industry practice and compliance. The common risk identification methods are objective based, scenario based and industry based.
Which country has become the first country in the world to reach the south pole of the moon?
How much did foreign direct equity (FDI) investments contract by in the calendar year 2023, according to Department for Promotion of Industry and Intern...
Which US-based company has developed 'smart guns' that use biometric identification technology to restrict firearm use only to authorized persons?
Which country initiated the 'BIMReN' project to support doctoral research by PhD students from BIMSTEC countries?
Who inaugurated the 9th India-International MSME Expo and Summit 2023 in New Delhi?
Who has been recently appointed as the Chairperson of the Union Public Service Commission (UPSC)?
Which of the following states is/are not a part of Western Ghats:
1. Gujarat
2. Maharashtra
Who has been chosen by the Board of Control for Cricket in India as the official partner for the domestic and international seasons?
Recently, Udangudi ‘Panangkarupatti’ (palm jaggery/ gur) from which state has received a Geographical Indication (GI) tag?
Cashfree Payments, in collaboration with the National Payments Corporation of India (NPCI), has launched an initiative. What is the name of this initiat...
