What should an organization do to manage risk

Assignment Help Risk Management

Reference no: EM133876629

Problem: Financing

I. Choose a controversial issue and write a post describing a position on the topic. Include reasons for that position (it does not have to be your own personal views, you can make it up)

II. The 4Ts response mentions for some risks the best response may be to transfer them. This might be done by conventional insurance, or it might be done by paying a third party to take the risk in another way. This option is particularly good for mitigating financial risks or risks to assets. What are some other ways to pass down or transfer the risks?

III. An organization may have to tolerate risks that have a current level beyond its comfort zone and its risk appetite. What should an organization do to manage risk beyond its tolerance level?

Reference no: EM133876629

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