Business Terms

Risk Mitigation – Plan, Strategies, Template and Examples

Wikipedia of Finance - e-learning course on Risk Management Wikipedia Chapter - Risk Mitigation – Plan, Strategies, Techniques, Template and Examples

Risk mitigation is a strategy for anticipating potential threats and minimizing their effects. Risk mitigation, like risk reduction, entails taking measures to lessen the detrimental effects of risks and disasters on business continuity (BC). Cyber-attacks, natural disasters, and other potential real-world or virtual harm sources are all potential threats to a business. Risk mitigation is […]

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Risk Assessment – Definition, Analysis, Matrix, Template and Examples

Wikipedia of Finance - e-learning course on Risk Management Wikipedia Chapter - Risk Assessment – Definition, Analysis, Matrix, Template and Examples

Risk Assessment Definition: Managing the risk at your workplace should be one of the top priorities if you wish to accomplish your desired goals and objectives. In order to accomplish this task you need to consider all those factors that have the potential to cause harm to your project and personal related to it. In

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What is Risk Analysis? Definition, Examples, Methods, Techniques, Template

Wikipedia of Finance - e-learning course on Risk Management Wikipedia Chapter - What is Risk Analysis? Definition, Examples, Techniques, Template

Risk Analysis Definition: The branch of risk management that studies about the ambiguity of a given course of action is called risk analysis. The ambiguity of anticipated future capital cash flows streams, dissent of portfolio/stock returns, numerical analysis to resolve the likelihood of a project or a venture’s achievement or malfunction, and probable potential economic

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What is Operational Risk Management? Definition, Examples, Framework

Wikipedia of Finance - e-learning course on Risk Management Wikipedia Chapter - What is Operational Risk Management? Definition, Examples, Framework

Operational Risk Definition: The risk of an amendment in value generated by the fact that real losses, acquired for insufficient or unsuccessful internal procedures, personal and organizations, or from external events such as legal risk, vary from the anticipated losses is known as operational risk. Close to quality management and good management, risk in operation

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Enterprise Risk Management – Definition, Components, Framework, Template and Objectives

Wikipedia of Finance - e-learning course on Risk Management Wikipedia Chapter - Enterprise Risk Management Framework, Template and Objectives

Important risk management concepts are communicated by enterprise risk management frameworks. A communication tool for identifying, analyzing, responding to, and managing internal and external risks is an ERM framework. Business units, executive management, and board members can implement and maintain ERM programmes with the help of an ERM framework, which also provides systematic feedback and

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