Quesiton : What is risk management (RM)?
Answer: A decision-making process for identifying hazards and controlling risks both on-duty and off-duty
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What is risk management ( RM )? (1) A decision-making process for managing day-to-day schedules when there are conflicts ** (2) A decision-making process for identifying hazards and controlling risks both on-duty and off-duty
Risk management in the context of insurance is a process in which an analyst goes over data and decides whether or not providing insurance to a potential policyholder is a wise investment or not. Without having a strict handle on this process a company can end up incurring serious losses .
Risk Management Basic ( Military ) Communicate coordinate implement and integrate the control's who what when where and how into SOPs written and verbal orders mission briefings and staff estimates with clear and simple execution orders.
What is risk manage...
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