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English Word of the Day: Risk Management

  • English Word of the Day: Risk Management

    Posted by Alex on September 16, 2024 at 7:05 AM

    CORE Languages English Study Group

    **English Word of the Day: Risk Management**

    **Definition**: Risk Management is a strategical approach where probable risks or threats in a business, project, or any endeavor are identified, analyzed, and steps are undertaken to control, prevent, or minimize their impact.

    **Part of Speech**: Noun (Phrase)

    **Example Sentence**: The company’s effective risk management helped it to avoid potential financial losses and continue its growth.

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