Mastering Risk Management Vocabulary: Essential Business English Terms for Professionals In today’s dynamic business landscape, risk management is not just a defensive strategy—it’s a cornerstone of sustainable success. From navigating market volatility to mitigating the fallout of critical events, professionals who master risk management vocabulary can articulate strategies clearly, comply with regulations, and make informed decisions. Vocabulary - Risk Management 1, this article breaks down key terms to enhance your Business English proficiency and strategic communication. 1. Risk & Risk Management Risk refers to the potential for events or situations to harm a company’s finances, operations, or reputation. Risk management involves identifying, assessing, and mitigating these risks. Example: Investments with high risk often promise higher returns, but require robust risk management frameworks. 2. Critical Event A critical event is any incident—big or small—that could d...
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