Risk Management Risk management is the process by which a company evaluates and reduces its risk exposure.
{"Image DocumentName": "Risk ManagementRisk management is the process by which a company evaluates and reduces its risk exposure.", "Image ImageDescription": "COSO framework on risk management: Internal Environment: Philosophy toward risk. Objective Setting: Evaluate strategy in this context. Event Identification: Examine risks of each opportunity. Risk Assessment: Determine likelihood/severity of each. Risk Response: Identify actions to deal with each. Control Activities: Policies to support each response. Communication: Create information system to track. Monitoring: Review data from system and take action. Committee of Sponsoring Organizations (1990).", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}