Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

In risk management strategies, why must periodic review be part of the process?

September 3, 2018periodic process review risk management strategies

0

Posted

In risk management strategies, why must periodic review be part of the process?

2 Answers

0

Posted

Periodic review must be part of the risk management strategies because risks from security threats create competitive disadvantage to organizations. It is a constant process for safeguards and controls to be devised and implemented, and not to be install-and-forget devices.

0

Anny Key 15 Posted

There are risks in any business and proper management is necessary to reduce these risks. Warehouses are an important part of the trading business. To optimize the processes, the Warehouse Management System program was developed, which allows you to monitor inventory and minimize costs.