Definition
Risk management involves the identification, assessment, and mitigation of risks associated with international business activities. It encompasses strategies and processes to anticipate, minimize, and manage risks such as financial volatility, geopolitical instability, supply chain disruptions, regulatory changes, and natural disasters. Effective risk management aims to protect the organization's assets, reputation, and stakeholders while maximizing opportunities for growth and sustainability.
Our trending searches definitions
Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.