identifying and assessing risks in business operations
"Identifying and assessing risks in business operations involves identifying potential threats and uncertainties that may affect the company's objectives and evaluating their potential impacts, likelihood of occurrence, and potential mitigation strategies."
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Related Concepts (1)
Similar Concepts
- developing risk management strategies
- evaluating risks and consequences
- financial risk assessment
- managing risks and uncertainties
- monitoring and evaluating risk management efforts
- operational risk
- operational risk analysis
- operational risk assessment
- operational risk management
- risk assessment
- risk assessment and decision-making
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- risk assessments in various industries (e.g., banking, insurance, manufacturing)