Risk Management

Share this post

Posted by: lootah Comments: 0 0

Risk management is the identification and prioritization of risks followed by coordinated and economical application of resources to reduce, check and control the likelihood and impact of adverse events or to maximize the awareness of opportunities. Risk management’s objective is to guarantee that indecision and hesitation does not repel the effort or attempt from the business goals. Strategies to manage threats (uncertainties with negative consequences) typically include avoiding the threat, reducing the negative effect or probability of the threat and even retaining some of the potential or actual consequences of a particular threat.

https://lootahmc.com/expertise/credit-risk-and-risk-management/