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Article uploading- Risk management

  How to create a business risk management plan for your company Running a business comes with many types of risk. They can have negative impact, positive impact, or both. Some of these potential hazards can destroy a business or cause serious damage that is costly and time-consuming to repair. Other risks may represent opportunities. Companies invest time and money in business risk management but often treat it as a compliance issue with rules and regulations for employees to follow. This approach is limited:  rules-based business risk management alone cannot diminish either the likelihood or the impact of a disaster and can also lessen your ability to seize business opportunities that may involve some degree of risk.   What is business risk management and why is it important? Business risk management is a subset of risk management which  evaluates, prioritises and addresses the risks involved in any changes to your business operations, systems and process...

Levels of management

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LIMNAS KN Commerce  Plus two Chapter 1: Nature and Significance of Management  Topic: Levels of Management         LEVELS OF MANAGEMENT Meaning of Management;      Management is the process of coordination  and administration of tasks that is required to achieve the goals of the organization. It is also referred to at the art of making things happen with the help of Resources.         Management is required for an established life and essential for managing all types of organizations. A sound management system is the fortitude of thriving companies. Managing life implies getting everything done to accomplish the aspirations of life and maintaining an establishment. This means getting things done with and by other people to fulfill it's objectives.           To put in other words, the organization and coordination of the pursuits of an industry for the idea of accomplishing determined o...

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