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Risk Management 01
Risk management is the process of measuring and evaluating risks and developing strategies to manage them. These strategies include transferring risk to another party, avoiding it, minimizing its negative effects, and accepting some or all of its consequences. It can also be defined as the administrative activity aimed at controlling risks and reducing them to acceptable levels. More precisely, it is the process of identifying, measuring, controlling and reducing the risks facing the company or organization.
Risk Management 02
Traditional risk management focuses on the risks resulting from physical or legal reasons. On the other hand, financial risk management focuses on those risks that can be managed using financial barter tools. Regardless of the type of risk management, all major companies as well as groups and small companies have a dedicated risk management team.
