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Discuss the meaning of Risk Management. Identify and briefly describe the 4 basic techniques available to...

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Finance

Discuss the meaning of Risk Management. Identify and brieflydescribe the 4 basic techniques available to the risk manager fordealing with pure risks and give an example of each.

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Risk management is a process of identifying controlling avoiding minimizing and eliminating the threats in an organization These threats can be anything financial difficulty legal matters accidents and natural disasters The 4 basic techniques of risk management arerisk control is important for the long term sustainability and    See Answer
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Discuss the meaning of Risk Management. Identify and brieflydescribe the 4 basic techniques available to the risk manager fordealing with pure risks and give an example of each.

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