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Introduction To Risk Management 

Risk management is an ongoing process that requires regular review and updating. As new risks emerge or existing risks change, organizations must be prepared to adjust their risk management strategies accordingly.

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Introduction To Risk Management 

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  1. Introduction To Risk Management  The process of risk management is continual and necessitates frequent assessment and revision. Organisations need to be ready to adapt their risk management methods as new risks emerge or existing risks alter. It is possible to keep risk management strategies current and effective by conducting regular risk assessments and audits. Organisations can benefit from good risk management in a number of ways. It can aid them in avoiding any drawbacks that might affect their goals and operations, like legal action, monetary penalties from authorities, or harm to their reputation. Due to increased organisational readiness to handle unforeseen situations, it can also increase operational effectiveness.

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