What is The Initial Step For Risk Management – Risk Assesment

Risks cannot be eliminated, but planning and good management can reduce them as much as possible. By carrying out an initial risk assessment, you can identify risks, estimate their size, and take action to reduce them. This section describes how to carry out an initial risk assessment – the first step in a contingency plan – for a small store that sells a variety of goods.

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Author: Pension & Wealth Management Advisors

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