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risk management
by 趙永祥 2016-09-20 07:39:31, Reply(0), Views(331)


BusinessDictionary.com
TERM OF THE DAYSEPTEMBER 19, 2016
risk management
f   t

The identification, analysisassessmentcontrol, and avoidance, minimization, or elimination of unacceptable risks. An organization may use risk assumptionrisk avoidancerisk retentionrisk transfer, or any otherstrategy (or combination of strategies) in proper management of future events
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USAGE EXAMPLE
The company couldn't afford any more losses like the ones they had suffered in the previous quarter, so they sought out the best and brightest risk management experts to help them get back on track.
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