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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 492 |
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The first publication was published in 2002 where it was later updated in 2004 with some inconsistency identified from the first edition. An important factor for adopting risk management is to protect, control and manage the shareholders investment and company assets from risks that continuously changes over a period of time...
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The risk identified will be analyzed, controlled, monitored and review before it is documented in the management risk policy for the organization. The information gathered on risk is crucially important as it contributes in improving certainty, management of change with fewer surprises to achieve its organizational objectives...
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