RISK ADMINISTRATION
RISK ADMINISTRATION Fuente: https://www.theirm.org/about/professional-standards In this space, we will contextualize and deepen into a factor of great importance nowadays, such as business risks, the inherent existence of them in any organization with a vision of expansion, due to the existence and proper management of risks. These are framed as a limitation or barrier with positive or negative results, which can be included in the word Business Challenges. APPETITE AT RISK As the name implies, the "appetite" for risk is the measurement that can be translated into a weight of how much level or to what degree of risk are willing to accept the administration and the board for the fulfillment of its objectives, goals and vision to achieve. Fuente: https://www.theirm.org/about/professional-standards In accordance with the above, it is important that the administration and the board have clear how much or to what extent the company can tolerate the risks assum...