Learn the four basic approaches to risk control.
To fully appreciate risk management, you need to have insight into loss exposures, those items of value that are in danger of losing their value due to natural or man-made reasons. There are four risk management treatments that can be used to limit loss exposure. While risk can be a good thing and makes room for productivity, uncontrolled risk can be a bad thing as it can threaten asset value. This white paper discusses the four basic approaches to risk control.
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