The risk management
Example: Risk management identifies and reduces risks to protect business operations
Definition
"The risk management" refers to the process of identifying, assessing, and prioritizing potential risks in business operations and then implementing strategies to minimize or control their impact, ensuring the stability and safety of the enterprise.
Etymology
The term "the risk management" combines 'risk,' originating from the Italian word 'risco' or 'risco,' meaning danger or peril, with 'management,' derived from the Latin 'manu agere,' meaning to handle or direct. Together, they describe the act of handling potential dangers in a systematic way.
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"The risk management" appears in the Vocaplus list "English - Entrepreneurship - (A1-C2) - set 1", containing 110 commonly used words.
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