A risk management policy is a documented statement of risks associated with carrying out a particular action and also guidance on how to manage the risks. Several activities come with their own risks, hence it is necessary for an organisation to create a risk management policy to define those risks and how to overcome them. A risk management policy also outlines the persons to perform the activities that are associated with the defined risks.
A risk management policy helps to maintain financial sustainability, protects the assets of the business and also protects the staff and objectives of the company.
Geographic location. Tropical regions usually have average 65f or higher due to it being close to the equator. temperate climate usually varies, not too hot not too cold
Yes, Social Contract gives the right to authorities to take action to create law and order. Social Contract is an agreement between the people and the government, which means the people agree to be ruled in exchange for the protection of their rights.
