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Archive for the ‘Risk Management’ Category

Risk Management – Pure Risk and Speculative Risk Explained

Monday, 17 December 2007, 15:42 | Risk Management | 0 Comment
by Numan

Risk management is a relatively new and evolving field. Risk management usually refers to the process of identifying, measuring, controlling, and minimizing uncertainties which may directly or indirectly affect a desired outcome of a system. A great challenge indeed. Any process or procedure we can think of holds many uncertainties. Risk ...

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