A3_team9_5CM2

Major: Accountant public Teacher: María Belén Vázquez Conde Group: 5CM2 English subject complement Title: What is Risk Management and Why is it important?

Team 9

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Risk Management

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Monterrey Navarro Rosa Mar

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Hernández Hernández Ana Luisa

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Hernández Álvarez Carla Yamilet

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García Meza Alison Ailed

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Campos Maya Marshall Jael

equipo

Is the process of identifying, assessing, and controlling threats to an organization's capital, earnings and operations

What is Risk Management?

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Is to preserve the organization's physical and human assets so that it can continue to operate successfully. The risk management process typically involves several steps, including risk identification, risk assessment, risk mitigation, and risk monitoring.

The objective of risk management.

Identifying risksIdentifying potential threats and dangers that could affect the organization.Assessing risksEvaluating the impact, velocity, and materialization of each identified riskMonitoring risksKeeping track of risks over time

To preserve the physical and human value of the organization.

Risk management involves

Risk Management

It involves identifying potential risks and implementing strategies.

Methods for

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Legal risks include non-compliance with laws and regulations, contract disputes, and litigation.

Strategic risks are external factors that could negatively impact an organization's long-term goals.

Operational risks relate to internal processes, systems, and people.

This type focuses on identifying and managing risks that could affect financial goals.

Legal

Strategic

Operational

Financial

Types

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02

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Simply put, risk management aims to protect an organization from potential losses or threats to its continued operation. This can include financial losses, damage to the organization's reputation, or harm to employees.

Improving workplace safety Improving operational efficiency

Minimizing lossesImprove decision making

Importance

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