The Institute of Internal Auditors defined Risk as uncertainty of an event occurring that could have an impact on the achievement of the objectives. How could we manage to measure the cost amount of the risk, and how could we foresee a risk occurring?
Risk may have positive or negative outcomes, what are some ways that one could manage to avoid and notice a risk that could result in negative outcomes?
The chapter talked about risk and opportunities, how do we manage to identified them?
What specific risks have an impact on organisational activities and infrastructure?
How could company integrate risk management activities within the company and across thei value chain?
Risk are desirable or undesirable, and explain why do your chose it. Give an example on your choice.This question need to be 1 page