We live in uncertain time wich is charaterized by many risks.We define mangement risk as the effect of uncertainty on objectives followed by cordinated application to minimize the probability impact od unfortunate events or to maximize the realization opportunities.
In business environment risk can came from uncertainly financial markets,development,production,failure projects ,credit risk .Risk mangemnt strategies is associated with ISO standards .For any economic entity is important to have a good risk mangemnt strategies that can provide growth.Any economic organization can implemnt and develope risk mangemnt strategies .
Back to my article we can include the following risk strategies:
- UNDERSTANDING AND VISAULIZING RISKS
- MEASURING RISK
- MANAGING RISK
- MARKETING OVERVIEW
- PUTTING IT TOGETHER
- CONCLUZION
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