SOLUTION: UC Enterprise Risk Management Identifying Assessing & Controlling Threats Discussion

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SOLUTION: UC Enterprise Risk Management Identifying Assessing & Controlling Threats Discussion 1

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RISK AND INVESTIGATIVE TECHNIQUES IN ORGANIZATIONS

Risks and Investigations Techniques in Organizations
Institutional Affiliation
Date

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RISK AND INVESTIGATIVE TECHNIQUES IN ORGANIZATIONS

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Risks and Investigations Techniques in Organizations
Risk is considered a potential hazard that may affect organizational projects and goals
in terms of quality, time, and cost. Risk management refers to a rational and structured
approach to contextualizing, defining, assessing, treating, evaluating, tracking, and
communicating risks associated with any operation in a manner that enables organizations to
reduce losses and optimize opportunities (Boerek & Zhu, 2014). However, Enterprise Risk
Management entails the strategy developed by an organization that facilitates identifying,
assessing, and preparing potential dangers, hazards, and other disasters that may affect the
organizational goals and objectives.
Risk Investigative Techniques
There are basic procedures used to manage risks, including identifying risks, Risks
analysis, risk evaluation and ra…

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