Identify perils and hazards and improve your skills in managing risk.
Risk management is critical to the success of almost every business as it helps identify, assess and manage financial problems at every opportunity. This is why there is a need for risk management tools as well as the key steps of risk management every business professional needs to know.
1. Define risk management and discuss examples.
2. Describe historical and academic attitudes to risk.
3. Describe the different types of risk exposures.
4. Summarize the hazards and hazards associated with risk management.
