Risk Management

Risk Management

Introduction

There is a growing concern for managers with the risks involved in every decision and conduct of business strategy. For example: what risks the company is subject to change if your ERP system or internal processes? Or apply your reservations in investment funds? Or, if you make a stop in the production line for maintenance? These issues are common to companies of any size or area of ??activity, need to be effectively addressed, from the standpoint of risk management (Power, 2008).

It is vital for risk managers to identify, classify properly and try to minimize these risks is ...