Risk Evaluation & Management
Risk evaluation is concerned with assessing probability and impact of individual or company risks. It is meant to show an investor how exposed they are to financial and other risks.
- Probabilities are attached to the evaluated likelihood of a particular outcome actually happening
- Impact on business, company image is then evaluated on the effect or result that particular outcome actually happening.
- Impact should is considered under the elements of:
- Majority of financial risks are caused by lack of proper controls