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Running Head: Implementation of risk management strategiesImplementation of risk management strategiesName of StudentInstitutional Affiliation1Implementation of risk management strategiesIntroductionRisk refers to any cause or source of unpredictability in an organization (CareersinAudiit, 2013). Therefore risk management is risk management refers to the process ofadmonishing risk to the assets of the organization, its individuals and its operations. For anyorganization to be successful, it should put into place the risks that it is likely to encounter inthe course of its production as lack of this could cause the organization to suffer greatly as aresult of not putting into place its risk management strategies.Key business aspects to be considered in setting up risk management strategiesIn order to come up with an exceptional risk management strategy, there are threec ...


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