Management of Risk Determination: Strategies and Decision-Making

Aprajita Verma

Abstract

The identification, assessment, and mitigation of risks that may have an influence on company goals are all part of the crucial process known as risk management in organisations. The topic of risk determination management is explored in this abstract, with an emphasis on its definition, essential elements, and tactics for efficient risk management. The significance of proactive risk identification, in-depth risk assessment, and the use of suitable risk mitigation methods are examined. The conclusion emphasises the need of a strong risk management framework in supporting organisational resilience and success while also highlighting the keywords connected with risk determination management.