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Here is a step-by-step process of risk management: Identify the risk: The first step in risk management is to identify potential risks that could impact the organization. Analyze the risk: Once the risks are identified, the next step is to analyze the likelihood and impact of each risk. This can be done through risk assessments or by using various analytical tools and techniques. Evaluate the risk: Based on the analysis, the risks should be prioritized based on their severity and likelihood of occurrence. Treat the risk: After prioritizing the risks, the organization should develop and implement strategies to treat or mitigate the risks. Monitor and review: Risk management is an ongoing process, and it is essential to monitor and review the risk management strategies regularly
When do we celebrate World Radiography Day?
The _______ edition of Coastal Defense Exercise ‘Sea Vigil’ 2022 was conducted by Indian Navy and Indian Coast Guard.
India's first National Conference on Sustainable Coastal Management was held in which state?
The National Electronic Funds Transfer (NEFT) system processed a record high number of transactions in a day on February 29 this year. How many transact...
Where was the 54th session of the Codex Committee on Food Hygiene (CCFH) held in March 2024?
In May 2021, N Rangaswamy became CM of Puducherry. He became the CM of Puducherry for the ____ time.
Which type of soil is suitable for cultivating rubber, cinchona, and arecanut?
Which Articles of the Indian Constitution guarantee "Freedom of Religion"?
What is the prize amount for the best all woman team in the HaRBInger 2024 hackathon?
Match the following lists.
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