041 - RISK MANAGEMENT

Risk Management is a Process of Identifying exposures and Determining Treatments. (Insurance is only one small aspect of the process) Risk Management procedures, properly applied will assist you in preparing for problems as well as controlling the impact of these events. It is a tool which may be used by Individuals as well as Businesses, and assists in the implementation of a plan which reduces your chance of having a loss as well as the amount of loss which may result.

"Used by Supervisors and Managers to identify safety problems."

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