Tools and Methodologies for Comprehensive Risk Management

discussion about the social media marketing forum.
Post Reply
luckyakter22
Posts: 1
Joined: Sun Jul 31, 2022 4:00 am

Tools and Methodologies for Comprehensive Risk Management

Post by luckyakter22 »

METHODS AND TOOLS FOR BUSINESS DECISIONS UNDER RISK AND UNCERTAINTY "Who does not know their business processes, does not know their business and therefore their customers." -Felix Camcorder PhD.Econ Tools and Methodologies for Comprehensive Risk Management 1. Background The Comprehensive Risk Management (GIR), in companies, projects and investment decisions have presented a great evolution in recent years due to the growing need to identify and manage the levels of uncertainty that are exposed during the execution of the.

Strategy and the fulfillment of business objectives, due in large part to the globalization process, which considerably expanded the spectrum of opportunities and also risks that organizations face. Given the duty of the company to maximize the value of the company, and Special Database positive impact and minimize its negative impact of risks, especially in compliance with strategic and business plans, there is a risk of dragging the company into situations of high risk influenced by systematic and non-systematic risks that call into question the viability of the company, in the short, medium and long term, (Bertram and Stultify, 2009).

Image

As the empirical evidence of the different economic and financial crises worldwide has shown. Therefore, the risk exposure, the uncertainty of the possibility of future events, and the impact will be key words to manage the risk at its level of importance or attention. 2.- Risk Management (GIR) «The bottom line of a company is built on its ability to achieve objectives and avoid risks.» -Felix Camcorder Velez PhD. Econ. The GIR develops a set of activities and/or processes to meet the needs of all its stakeholders. (Mattar & Pierrot, 2014). All activities interact with each other to form a number of processes, which must be managed systematically and coherently in such a way that it allows the fulfillment of its objectives (Vilar, 2016).
Post Reply