In risk management, what does risk evaluation involve?

1 answer:

4 0

In risk management, risk evaluation involve Risk resolution. The evaluation process is carried out by management.

Risk is the threat of things going wrong or having a negative impact on the operations of the organization. The risk can be of many types including and not limited to audit risk, control risk, credit risk, business risk, inherent risk, financial risk and more.

Risk is evaluated by the management to minimize the effects and mitigate the risk. There are several steps that are performed to analyze the risk and many ways are there to lower the effects of risk.

Risk resolution is the management strategies to analyze the risk and the best ways to mitigate the effects. Transfer the risk, avoid the risk by changing the decision, reduce and accept.

Learn more about Risk at brainly.com/question/27247805

#SPJ1

You might be interested in

Lawrence has worked in his career field for 20 years. one benefit of his experience over younger employees lies in

Ad libitum [116K]

<span>Experience teaches the things which a book can not teach. Thus, having extra work experience gives an edge to the person with higher experience with person with lesser experience. Lawrence's experience is more than his younger employees hence he knows various aspects of his work profile than the youngsters.</span>

3 0

3 years ago

What is the broad term that refers to all other terms listed below. The term can apply to all divisions and departments (such a

Vladimir79 [104]

Answer:

C. Policies

Explanation:

Policy is the broad term that can apply to all divisions and departments (such as "We are an equal opportunity employer"), or to a single department ("Employees in this department must take at least one training and development course each year").

Policy can be defined as the set of rules, ideas and principles of action that are adopted to guide an organization.

6 0

3 years ago

G why is the future value always more than the present value?

olya-2409 [2.1K]

The future value is always more than the present value because the value of the dollar can be higher in the next day. plus it can be adding the interest in the future value.

3 0

3 years ago

Emily wants to search online for entrepreneurship opportunities in the field of business development. However, she wants to skip

jeka94

Answer:

“entrepreneurship + business + development - branding”

Explanation:

Researchers usually put a hyphen before a word as a technique to exclude it from online search results. This method allows for narrowing down results to the desired pages only. When searching for keywords that are frequently used together, putting a hyphen helps exclude unwanted results.

4 0

3 years ago

What are the 3 psychological states reviewed in class that may improve engagement in the workplace?

Masteriza [31]

Answer:

Experienced meaningfulness: This is a positive psychological state that will be achieved if the first three job dimensions—skill variety, task identity, and task significance—are in place. All three dimensions help employees feel that what they do is meaningful.

3 0

2 years ago