Identify loss exposures and analyze

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Reference no: EM132330509 , Length: 4

Assignment

Using the traditional, six-step Risk Management Process described in the textbook on p. 5.19 entitled "The Risk Management Process," take three hazard risks through the six-step process.

Instructions:

Your response must be in a Word document of 4 pages, not counting the title and reference pages.

Include at least five references in addition to your course textbook. Make sure to back up your solutions with solid references. References should be from governmental sources, legal cases, trade groups, professional societies, or scholarly resources.

Your paper should be formatted in accordance with APA guidelines.

There are four steps in the risk management process (see Exhibit 3.1):

• Identify loss exposures

• Measure and analyze the loss exposures

• Select the appropriate combination of techniques for treating the loss exposures

• Implement and monitor the risk management Program

Each of these steps is discussed in some detail in the sections that follow.

EXHIBIT 3.1

Steps in the Risk Management Process

Reference no: EM132330509

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