Importance of risk management in business

By |2021-11-05T13:49:14+00:00November 5th, 2021|Business Management|

Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings. Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings. These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents