Question: 1. Define the term 'business risk' using your own words. 2. Describe the risk management framework. 3. Outline the legislative and regulatory context of the

1. Define the term 'business risk' using your own words. 2. Describe the risk management framework. 3. Outline the legislative and regulatory context of the organisation in relation to risk management. 4. Explain organisational policies, procedures and processes for risk management. 5. Identify risk management documents and explain document storage procedure. 6. Identify and briefly describe types of business risks. 7. Identify and briefly describe options for treating risks. 8. Describe the risk management process. 9. Outline the purpose and key elements of current risk management standards. 10. Identify and briefly describe tools and techniques to identify risks to scope risk management processes

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