Important to know:
The course video is English with Romanian subtitles and test questions are in Romanian.
Overview
Taking risks can revolutionize a business, but you need to know when and how to take a strategic risk when the opportunity arises. Risk management means effectively assessing a threat by recognizing the likelihood that that risk will materialize and assessing the impact of the risk, if any. In this course, you will learn how to define strategic risk-taking, what makes people reserved, and how to take risks.
Objectives
• Identify the types of business risks
• Recognize examples of strategies to deal with risk aversion
• Identify the reasons why risk-taking is necessary
• Identify the stages of developing a risk management plan
• Recognize good practices to encourage strategic risk-taking in an organization