Effective strategic risk management

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Reference no: EM131039529

"Effective strategic risk management is built around a clear understanding of how much risk your business is prepared to take to deliver its objectives, and a timely and reliable evaluation of how much risk it is actually taking."

If you were to create a risk evaluation scheme what would be considered and on a scale of 1-10 what would each element's rating be?

Reference no: EM131039529

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