Thursday, October 6

Tag: cms license

Risk Management by RT Compliance
Business

Risk Management by RT Compliance

Risk Management by RT Compliance Risk is the potential of loss. Risk management is a process for identifying, assessing and addressing risks to ensure that an entity can continue to operate successfully and/or fulfill its mission. It is a systematic approach to understanding the nature, magnitude and probability of events that may affect an organization and its ability to achieve its objectives. Risk management consists of analyzing all aspects of risk and developing appropriate responses to those risks. It is the process of determining how much risk the organization is willing to accept, when changes in risk must be identified, how much change is acceptable, which risks are acceptable or unacceptable, how risks should be communicated to key stakeholders and what resources should be al...