This course will introduce students to the principle and concepts of risk, different types of risks, and the risk management practices in the corporation. This course focuses on how the corporation assesses business risks, controls risk, and performs risk reporting. Effective and efficient risk management will help mitigate risks and reduce the negative impact on the corporation. It includes the appropriate actions that should be taken by the management in responding to current and future risks locally and globally.
Q1 : Explain the purpose of risk assessment A1 : To identify the significant risks facing the organization, project, or strategy that could affect the achievement of business objectives and the overall organization's performance.
