All categories

3 years ago

In risk management,what does risk evaluation involves?

Business

2 answers:

OverLord2011 [107]3 years ago

7 0

Answer:

Explanation

Risk evaluation is the identification of risks in an organisation by the management through a framework put in a place by them. In risk evaluation, the focus is to identify what constitutes risk for the business and make a qualitative and quantitative analysis of the risk, with the intention of managing those risks within the risk appetite of the organisation. Without risk evaluation, risk management will not be possible, because there will be no way for management to determine the risks inherent in their operation and how they can control them based on benefits and control involved.

sweet [91]3 years ago

3 0

Risk evaluation involves rating the risks that may happen based on the likelihood of them happening. Risk evaluation also involves rating these potential happenings based on the impact they could have on the business. Evaluating risk is a step in the creative process of risk management.

You might be interested in

Consider the following: Farmer Smith bought seed and fertilizer for $100. He grew wheat that he sold to the Wander Bread Company

Rom4ik [11]

As per the given case, the amount that is added to GDP is $350.

GDP refers to the measure of all final goods and services that have been bought by the final user produced in the country.

As per the given case, Farmer smith bought seed and fertilizer for $100. He grew wheat that he sold to the wander bread company. Consumers bought the bread from the grocery for $350. Therefore, it was added to the GDP.

So, $350 was added to the GDP.

Learn more about GDP here:

brainly.com/question/15682765

#SPJ1

3 0

1 year ago

Which of the following scenarios is typically an appreciating asset?

Aleksandr [31]

I'm pretty sure it's D- All of the above

6 0

2 years ago

Look at Ivan's check register. Ivan spent $158.29 on groceries. He then transferred $250 to his savings account.

jolli1 [7]

Answer:

(1)=A (2)=D

i just need to fill up this space to answer~

7 0

2 years ago

Read 2 more answers

Why are batteries not included in toys?

Nitella [24]

They can be easily swallowed by children and can also be toxic. It sometimes happens that they break and release their contents,contaminating the toys and making them unsafe for further use.

7 0

3 years ago

The government should extend the duration of unemployment benefits to those workers who lost their jobs due to outsourcing. This

AlladinOne [14]

Answer:

Option D

Explanation:

A positive or explanatory statement in the humanities and psychology is about what "is," "was" or "will be," and does not involve any impression of acceptance or rejection.

The positive explanation is supported by empirical evidence. For eg, "A rise in taxes would lead to less usage" and "A decrease in fuel production would cause an increase to its value."

Positive assumptions are commonly used to explain the observable, such as the inflation rate in a country. These are primarily used to explain hypotheses and principles.

8 0

2 years ago