What Is The Initial Step For Risk Management – Risk Assesment

November 25, 2021 1 Min read Views 316 BUSINESS

Risks cannot be eliminated, but planning and good management can reduce them as much as possible. By carrying out an initial risk assesment, you can identify risks, estimate their size, and take action to reduce them. This section describes how to carry out an initial risk assesment – the first step in a contingency plan – for a small store that sells a variety of goods.

Tags: cash flow analysis, pension, pension plan, risk assesment
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