In Module 1, we discussed risk and the risk management process. We presented a structured approach to facilitate an understanding of risk identification and assessment as well as the creation of an appropriate control system that provides reasonable assurance that organizational objectives will be achieved. Because the risks organizations face are unique, we kept our discussion on a general level, offering an analytical framework to help readers understand why and how managers should address the unique combination of threats that challenge their organizations.
In Module 2, we narrow our focus to enhance our understanding ...
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