What are the main objectives of risk management?
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The purpose of risk management is to identify potential problems before they occur so that risk-handling activities may be planned. Explanation: The main goal of risk management is to reduce the threats from an activity so that harm to the surrounding is minimized.
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Identifies and Evaluates Risk. Risk management identifies and analysis various risk associated with business.
Reduce and Eliminate Harmful Threats.
Supports Efficient use of Resources.
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