Risk management has become a topic of great concern to managers at all level in companies large and small. That's because organizations face more and more sevre risks than in the past. Risk management does not mean avoiding all risk. Risk management can not eliminate risks, nor can it prevent all disasters, failures, and bad outcomes. But it can minimize the chances and effects of bad outcomes and can accelerate an organization recovry from disasters. This course explains how. it examines the nature and practices of risk management and the types of risks business face. it explains senior executives risk management responsabilities, discusses specific tools of risk management, and provides examples of risk management. it also explais how to begin risk management efforts by identifying and assessing risks