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Thursday, December 29, 2011

Enterprise Risk Management

The enterprise risk management combines into a single unified treatement program all major risks that the organisation is exposed to.

There are two primary objectives in classifications:

Objectives - pre lost
  • To prevent / reduce potential loss
  • To manage anxiety
  • To meet legal obligations
Objectives - post lost
  • To survive
  • To continue existing
  • To stabilize earning
  • To continue with growth.

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