Risk Management

Risk Management



Risk Management

Ability to effectively apply these methods requires appropriate training. These simulations are used to identify potential points of failure that could lead to failure. Simulations allow you to control the risks addressed. The purpose of the risk management process is to eliminate all risks. Elimination is often impossible or impracticable and instead of risk must be controlled. Determines the degree of risk taking control risks.

There are three general categories to control risk with various effective in reducing the risk of the following:

the elimination and/or design or physical control (engineering) (90% + efficiency);

(procedural) (50% efficiency); and

training or work control method (control) (30% efficiency). (Jensen 1993)

Listed below are the options for monitoring the risks that are not mutually exclusive, in priority

efficiency.

Design out of danger,

do not proceed with the activity, which can be dangerous,

Reduce the probability of occurrence,

reducing the impact of the year, (Kole 1995b)

Design out of danger,

Transfer of risk andkeep the risk of primary purpose of any business is to create profit for its owners, a dividend is the most important way business performs this mission. When the company receives profit, some of this money is reinvested in the business and is retained earnings, and some of them may be paid to shareholders as a dividend. Dividend decreases the amount of cash for business owners, but profits are distributed, after all, the purpose of business.

Some companies dividends "stock" instead of cash dividends, in which case the shareholders receive additional shares of common stock. Size of dividend is determined every year at the annual general meeting of the company and the declared amount of money or a percentage of the profits of the company; see dividends. Dividend is the same for all shares of the class (i.e., preferred stock or shares of common stock). ...