Question: As the CFO, explain why the steps in the risk management process are important. Give an example of the three - step approach to risk

As the CFO, explain why the steps in the risk management process are important. Give an example of the three

-

step approach to risk management for a company.

Name three or more common risks that a company might face and appraise some of the implications if the company decides not to plan for each identified risk.

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