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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
Marks scored by A and B in a test are in the ratio 15:8 respectively. If B had scored 9 more marks, then marks scored by A would be 20% more than that ...
720 is divided into two parts in such a way that the sixth part of the first part and the seventh part of the second are in the ratio 5 : 6. How much pe...
Two years ago the ratio of annual salary of three friends P, Q and R is 4 : 3 : 5. Every year since then the salary of P, Q and R increases by 10%, 12% ...
If the income of a family decrease by 5% and expenditure decrease by 7%, and its saving increases by 3%. Find the ratio of income and expenditure of tha...
Consider two positive numbers that have a ratio of 5:7. If the combined total of their squares equals 1184, determine the sum of these two numbers.
Ratio of males to females in village ‘A’ and village ‘B’ is 3:4 and 5:6, respectively and number of females in village ‘B’ is 25% more than ...
There is a mixture of 63 liters of apple juice and water in a vessel. The ratio of apple juice to water is 3:4. If 14 liters of the mixture is taken out...
The ratio of the monthly salary of Supriya to that of Mohini is 3 : 5. Supriya and Mohini both save 30% and 42% respectively of their monthly salaries r...
The ratio of number of balls in bag A and bag B is 6:8 respectively. If six balls are transferred from bag B to bag A, then number of balls are equal in...
An amount of money is divided among L, M and N in the ratio of 2:3:6, respectively. If the amount received by N is Rs.6000 more than the amount received...
