What is the first step in the risk management process

Asked by admin @ 02/08/2021 in Economy viewed by 303 People

The first step in risk management process in

Answered by admin @ 02/08/2021

Answer:

Five Steps of the Risk Management Process

Step 1: Identify the Risk. The first step is to identify the risks that the business is exposed to in its operating environment. ...

Step 2: Analyze the Risk. ...

Step 3: Evaluate or Rank the Risk. ...

Step 4: Treat the Risk. ...

Step 5: Monitor and Review the Risk.

Explanation:

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What is the first step of accounting process

Asked by admin @ 31/08/2021 in Accountancy viewed by 623 persons

Which one of the following is the first step of accounting process ?a) communicating to the Intrested parties.b) Measurement of transactionsc) Identification and recording of financial transactions …

What is the first step of the engineering design process

Asked by admin @ 02/08/2021 in Physics viewed by 311 persons

The first step in the engineering design process is

What is the first step in the engineering design process

Asked by admin @ 02/08/2021 in Physics viewed by 295 persons

The first step in the engineering design process is

What is the first step in processing a crime scene

Asked by admin @ 26/11/2021 in Law viewed by 376 persons

What is the first step in processing a crime scene?

The first step of the financial planning process is to

Asked by admin @ 26/10/2021 in Business viewed by 307 persons

The first step of the financial planning process is to: A. develop financial goals. B. implement the financial plan. C. analyze your current personal and financial situation. D. evaluate and …

The first step in the decision making process is to

Asked by admin @ 07/10/2021 in Mathematics viewed by 333 persons

What is the first step in the decision-making process, and why is it important?

In order the steps of the strategic management process are

Asked by admin @ 07/10/2021 in Business viewed by 340 persons

In order, the steps of the strategic-management process are Multiple Choice establish the mission, vision, and values statements; assess the current reality; formulate the grand strategy; implement the strategy; and …

What is the first step in the selling process

Asked by admin @ 20/08/2021 in Business Studies viewed by 400 persons

The first step in the selling process in prospecting list its remaining steps

The first step in the planning process is to

Asked by admin @ 12/08/2021 in Business Studies viewed by 341 persons

The first step in planning process is: (a) Determination of objectives(b) Resource mobilisation(c) Constraints identification(d) Evaluation of alternatives

What is the first step in the strategic planning process

Asked by admin @ 02/08/2021 in Business Studies viewed by 327 persons

Which step is the first step of the strategic planning process? a. Strategic business planning b. Strategic initiatives identification c. Information systems vision d. Information systems architecture e. Information systems …

What is the first process involved in project schedule management

Asked by maham237 @ 19/07/2021 in Social Studies viewed by 319 persons

. a. defining activities b. estimating activity durations c. planning schedule management d. sequencing activities

The first step of the career planning process is to

Asked by maham237 @ 19/07/2021 in Mathematics viewed by 299 persons

A. evaluate the job market. B. assess your interests, abilities, and goals. C. identify potential job opportunities. D. develop a résumé and cover letter.

What is the first step in the research process

Asked by maham237 @ 09/01/2021 in English viewed by 340 persons

What is the first step in the research process? A. drafting an essay B. finding background information C. choosing a topic D. citing sources

What is the first step in the decision making process

Asked by maham237 @ 29/12/2020 in Health viewed by 346 persons

1. What is the first step in the decision making process? A) brainstorm possible choices B) consider and evaluate the consequences C) define the decision to be made D) select …