FINANCIAL MANAGEMENT: THEORY AND PRACT
15th Edition
ISBN: 9781305632455
Author: BRIGHAM E. F.
Publisher: CENGAGE L
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Chapter 23, Problem 4Q
Summary Introduction
To determine: Some techniques to reduce risk exposure.
Introduction: The process to manage the risk or any uncertainty attached to any event by which an organization may be affected generally in negative sense is regarded as risk management.
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Discuss some of the techniques available to reduce risk exposure.
Describe the effects of risk planning on risk evaluation and treatment.
Develop plans to mitigate the risk. A detailed strategy for minimizing the impact of the risk could take many different forms, depending on the nature of the problem.
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FINANCIAL MANAGEMENT: THEORY AND PRACT
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Financial Risks - Part 1; Author: KnowledgEquity - Support for CPA;https://www.youtube.com/watch?v=mFjSYlBS-VE;License: Standard youtube license