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Doing Business
Risk management continued PDF Print E-mail
By Ton Haverkort   
Tuesday, 11 November 2014 05:49

Business owners and managers will do well to make a risk analysis as it will help to make important and strategic decisions, prevent problems and to be ready for the otherwise unexpected.  It may be helpful to use a case study and try and fill in a risk analysis tool as an example. Risks are classified into the following categories:  
Strategic risks are risks to the organization’s objectives arising from adverse business decisions or improper implementation of those decisions. Key elements of strategic risks are the business’s strategies to achieve the objectives, the resources deployed to achieve the objectives, the quality of the implementation and security issues. Add a comment

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