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SUBJECT: RISK AND INSURANCE TOPIC: RISK AND MANAGEMENT PROCESS THERE ARE FOUR(4) RISK MANAGEMENT PROSESS MODEL AS FOLLOW

Posted: Sun May 08, 2022 10:07 am
by answerhappygod
SUBJECT: RISK AND INSURANCE
TOPIC: RISK AND MANAGEMENT PROCESS
THERE ARE FOUR(4) RISK MANAGEMENT PROSESS MODEL AS FOLLOWING:-
(1) IDENTIFY POTENTIAL LOSSES
(2) EVALUATE PONTENTIAL LOSSES
(3) SELECT THE APPROPRIATE RISK MANAGEMENT TECHNIQUE
(4) IMPLEMENT AND MONITOR THE RISK MANAGEMENT PROGRAM
BY USING THE ABOVE MODEL, IDENTIFY AND DESCRIBE LOSSES FACED BY VEGETABLE FARMERS WHEN HEAVY RAINS IN MASSIVE FLOODS.