Risk Management, Essential Condition for Development of Business Continuity Plan
Risk Management, Essential Condition for Development of Business Continuity Plan

Summary/Abstract: In business, the risks are complex and multiple, being speculative. Entrepreneurs assume certain risks in business at the start, but also during its course. The capacity of organizations to address risks, depends on awareness of risk, how risk reporting processes are implemented and developed. Within full economic crisis that threatens many sectors, organizations should review their strategy facing its reinvention of new economic models needs to secure the future. In this context, the organization of effective risk management and development of business continuity plans is the solution for organizations wishing to operate in an environment where manager’s knowledge of information on potential risks, allows taking actions to prevent negative effects and making better decisions.

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