Significance of risk management system in an organisation

Risk management is the process of forecasting and identifying the various types of risk on an organization and its future business venture. It is an essential part of its operations management, that ensures future sustenance of the firm. This report deals with the risk management system related to the information management system of an organization. The impacts of failure of the risk management system has also been depicted in this report. Different stages associated with the risk management process have been described in the paper.

  • Type: Report
  • Domain: Operations Management
  • Citation: APA
  • Words: 1750
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