Risk Management By Kellie DeForest Intro to Business Mr. Mandau March 26, 2004 Research Project: #5 <Tab/> Risk Management Risk management is described- as "the process of evaluating the risks faced by a firm or an individual and then minimizing the costs involved with those risks (2001)". In other words, its how a business or an individual protects himself or herself from loss or injury that could occur. There are many types of risk management …showed first 75 words of 1398 total…

…showed last 75 words of 1398 total…greater goals. The opportunity for advancement cannot be achieved without the possibility of risk. Risk is essential to progress, but proper risk-management techniques, the risks can be greatly reduced. <Tab/> <Tab/> <Tab/> References Dlabey, Les, Hughes, Robert, J, & Kapoor, Jack R. (2001). Personal Finance. McGraw- <Tab/>Hill Companies. Von Scoy, Roger, L. (2004). Risk Versus Opportunity. Carnegie Mellon University