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Risk Management

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**Risk Management**

What is Risk Management?

Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings. These risks can stem from a variety of sources, including financial uncertainties, legal liabilities, strategic management errors, accidents, and natural disasters. Effective risk management involves understanding the potential negative impact of these risks and developing strategies to mitigate them. It is commonly used across all industries to minimize potential losses, protect assets, and ensure business continuity.

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