For organizations, the risk is of the utmost significance. To increase the quality of external decision-making, businesses must recognize, assess, manage, and disclose many different categories of risk. There are numerous ways to categorize risk. Here, it is categorized using CIMA's official terminology.
a procedure for comprehending and controlling the risks that a business must inevitably face in order to pursue its corporate goals. For management purposes, risks are typically broken down into areas including operational, financial, legal compliance, information, and personnel. Enterprise risk management is one illustration of an integrated risk management approach.
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For organizations, the risk is of the utmost significance. To increase the quality of external decision-making, businesses must recognize, assess, manage, and disclose many different categories of risk. There are numerous ways to categorize risk. Here, it is categorized using CIMA's official terminology.

a procedure for comprehending and controlling the risks that a business must inevitably face in order to pursue its corporate goals. For management purposes, risks are typically broken down into areas including operational, financial, legal compliance, information, and personnel. Enterprise risk management is one illustration of an integrated risk management approach.

**Click here for more details: -** [**https://youtu.be/Jblv2LhC2hE**](https://youtu.be/Jblv2LhC2hE)

Introduction To Risk Management