Total Quality Management, Continuous Process Improvement
Total Quality Management, Continuous Process Improvement
Purpose of risk management
Risk management is a kind of management, i.e. for controlling or minimizing the involvement of risk. Risk management is the process to identify, assess and prioritized the risks, that how uncertainty affects on your objectives and goals and how a firm can monitor, minimize and control these probabilities of events. There are a number of risks that involve in a business, and every market or business has risk in order to tackle with them an effective manager is required.