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Help Manage Risk
When you sense that things could go wrong, you can lock the door and pray or you can do something to prevent the bad omen from coming true. Better yet, you can engage in risk management.
It isn’t difficult, and it’s especially smart. It’s a process by which you identify, assess, and prioritize the uncertainties that lie before you so that you can control the probability of occurrence of unfortunate events. Risk management is the proactive approach to eliminating or minimizing risks. You may not have the power to avoid or control risk, but you can manage and cope with the likelihood of it occurring.
Risks abound in the business ...
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