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| − | == IGC-DEFINITION (abbreviated) ==
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| − | '''Risk management / [[:de:Risikomanagement|Risikomanagement]]'''<br>
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| − | Risk in the entrepreneurial sense is a combination of the probability of a certain damage and the size of its financial consequences.
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| − | Risk management is concerned with the identification and valuation of risks, also defining the acceptable level of risk and their limitation with the help of hedging methods. Starting point is a risk policy, which is determined by top management and then realized on all management levels.
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| − | To do so, it is necessary to know all the risks a company can encounter, to valuate them and to monitor their development. This task is often delegated to the [[controller]].
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| − | A risk analysis should on the one hand describe the actual situation and on the other hand generate risk awareness.
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| − | from: [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)]
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| − | == Source ==
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| − | [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010]
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| − | [[Category:Strategy]]
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Revision as of 21:37, 27 June 2011
I am totally wowed and preapred to take the next step now.
