Risk Management Q/A

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Explain the term ‘Risk Management? (Refer to Pages 1 of document)

What are 5 key risks that every business faces? (Refer to Pages 1 of document)

Name and explain 3 different types of business risks? (Refer to Pages 2 to 4 of document)

What are the 3 general ways of viewing risks in a business? (Refer to Pages 5 to 6 of document)

Why should you manage risks? (Refer to Pages 6 of document)

List a three (3) risks that should be managed? (Refer to Pages 6 of document)

List and explain 3 ways to managing risks in a business? (Refer to Pages 7 to 9 of document)

How to best manage risks? (Refer to Pages 7 of document)

Name 5-Features of a Strong Risk Management program? (Refer to Pages 9 of document)

Explain Risk Management in the internet age? (Refer to Pages 10 of document)