Effective risk management is essential to the success of any firm. Through experience, a manager will become familiar with risks that occur frequently within their line of business. However, it is easy for a manager to be caught unawares by unforeseen problems This comprehensive guide provides a complete overview of the risks a company may encounter and assists the manager to recognize and correctly identify risk. It also explains and ilustrates with easy to follow examples how some key risk concepts can be quantified and measured. Written with the professional business manager in mind, this guide is not only a quick reference tool, but can also be used to expand a manager's knowledge and provide an advantage in the competitive business environment. It is a particularly useful introduction to the concepts of risk management in all sizes of business.

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