Risk management is the process of identifying, assessing and controlling financial, legal, strategic and security risks to an organisation’s capital and earnings. Risk oversight and risk management are high priorities on the agenda of most organisations and in recent years, many companies have added risk management departments to their organisational structure. Comment on why this has been the case.

Answer rating: 100% (QA)

The addition of risk management departments to organizational structures has become a prominent trend in recent years due to several compelling reasons 1 Increasing Complexity and Uncertainty Modern b... View the full answer