Understand the Problem
The material discusses risk management, its components, and benefits, particularly in relation to safety, security, and sanitation. It outlines key processes involved in risk management and its importance in decision-making, compliance, and overall organizational resilience.
Answer
Risk management is an organized process for handling risks related to safety, security, and sanitation.
Risk management is an organized process for identifying, assessing, and ranking risks. It involves strategies to deal with potential threats to safety, security, and sanitation. Key components include identification, assessment, control, monitoring, and communication of risks.
Answer for screen readers
Risk management is an organized process for identifying, assessing, and ranking risks. It involves strategies to deal with potential threats to safety, security, and sanitation. Key components include identification, assessment, control, monitoring, and communication of risks.
More Information
Risk management helps in preventing accidents, improving decision-making, and ensuring financial protection by preparing organizations to handle unexpected disruptions.
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