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Home > English > Business English > Business Communication

What does ‘risk management’ refer to?

A. Ignoring potential risks
B. The process of identifying, assessing, and prioritizing risks
C. Only focusing on profits
D. To create confusion

Answer: The process of identifying, assessing, and prioritizing risks


Additional Information: Risk management involves identifying, assessing, and prioritizing potential risks to mitigate negative impacts.


Subjects: Business Communication, Business English

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