jacilynn8747 jacilynn8747
  • 04-09-2017
  • Business
contestada

What is the purpose of the rm step, develop controls and make risk decisions?

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andriansp andriansp
  • 11-09-2017
The purpose is  to calculate whether the risk involved is reduced to the point where the benefits would outweigh the risk of loss.
In this context, RM stands for relationship management. This will help decision makers within the company to the projection of data that will happen if the company decided to choose a certain plan. The overall outlook of the possibilities will help the decision makers to choose the correct plan that is the most suitable for company's goals
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