RISK MANAGEMENT IN BUSINESS ORGANIZATIONS – Mohammad salameh hmaideen

RISK MANAGEMENT IN BUSINESS ORGANIZATIONS – Mohammad salameh hmaideen

ABSTRACT:-

        The objective of the risk management in an organization is to manage the threats that may stand as an obstacle in the way of achieving its goals, and creating a clear environment from the sudden risks as possible.

       The organization must create a system through which the organization can assess the risk in the workplace and how to deal with it, and implement a strategy for that.

       The culture of risk management in the organization plays a vital role in reducing the accidents inside the organization. There are some questions that we have to answer it during the paper.

        What is risk assessment? , Why we assess and manage the risk? , How we assess the risk? , Then the recommended steps for that. And finally, the conclusions elicited from the whole subject.