Describe the term Risk Identification
Briefly describe the term Risk Identification and also state its features?
Expert
The Risk Identification sets out to recognize an organization’s exposure to the uncertainty. This needs a deep knowledge of the organization, the market in which it functions, the legal, social and cultural environment in which it exists and also the progress of a sound understanding of its strategic and operational objectives, comprising factors critical to its success and the threats and opportunities associated to the achievement of such objectives.
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