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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
Which of the following risk can reduce the value of a bond or other fixed rate investments?
Pradhan Mantri Vaya Vandana Yojana (PMVVY) is one of the major Schemes of Government of India to protect the interest of the Senior citizens. What is t...
Firm's Cost of Capital is the average cost of:
Which of the following is not correct about budgeting?
Which of the following is not a type of bank in India?
When a company sells a fixed asset, the resulting gain from the sale must be categorized appropriately in the financial statements. Understanding the na...
With reference to the Indian Railways (IR), consider the following statements:
1) Indian Railways (IR) is the fourth largest network in the world...
What does the term 'dividend yield' signify for an investor in the equity market?
As per the Companies Act the conditions under which a person is ineligible for appointment as a director of a company ____________
Once the amount has remained unclaimed for the said period and becomes eligible to be transferred to the DEAF, within what time period such unclaimed am...
