If you were the risk manager for a company, how would you go about attempting to...

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Finance

If you were the risk manager for a company, how would you goabout attempting to identify all of the risks facing a business?How would you decide which risks should be insured and which shouldnot? (typing please,thank you)

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There are various ways of identifying risk One way of identifying the risks could be using a topdown approach The risk manager should start by identifying the broader areas of risk and list the most obvious things that could go wrong with the company These could be the company strategy various company policies day to day activities etc You could also start by identifying the various categories of risks example industry risk financial risk legal risk technological risk operational risk reputation risk political risk etc The next step See Answer

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If you were the risk manager for a company, how would you go about attempting to...

60.1K

Verified Solution

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Finance

If you were the risk manager for a company, how would you goabout attempting to identify all of the risks facing a business?How would you decide which risks should be insured and which shouldnot? (typing please,thank you)

Answer & Explanation Solved by verified expert

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