Study Of Different Approaches For Determining And Calculating The Risk Management In Business
European Journal of Molecular & Clinical Medicine,
2020, Volume 7, Issue 11, Pages 1984-1990
AbstractBusiness Risk management is the part of the risk management. If there are any changes will be done in business system, business process and business risk then business risk management used to calculate the risks related to that. For minimum risk the business risk management set the priorities of the risk, identifies the risk and addresses the risk. It also has the ability to response multiple risks, can handle the more risk based condition and have capabilities to risk based decision making .
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