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What Is Risk Management in Finance, and Why Is It Important?
Risk management is the process of identification, analysis, and acceptance or mitigation of uncertainty in investment decisions.
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IEC/FDIS 31010 Risk management — Risk assessment techniques Organizations of all types and sizes face a range of risks that may affect the achievement of their objectives. These objectives may relate to a range of the organization's activities, from strategic initiatives to its operations, processes and projects, and be reflected in terms of societal, environmental, technological, safety and security outcomes, commercial, financial and economic measures, as well as social, cultural, political an
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