Plagiarism
User:
Felefele22 BannedPlease ban. This user copied the entire article word for word and presented it as his own. He tried paraphrasing at some point though. For emphasis, I highlighted the text on the original source and bolden the copied post.
Original:
https://www.techtarget.com/searchsecurity/definition/What-is-risk-management-and-why-is-it-important?amp=1Risk management recognizes, assesses, and controls dangers to an organization's capital and profitability. Risk factors include financial instability, legal responsibilities, technical hurdles, strategic management failures, accidents, and natural disasters.
Original:
A good risk management program helps a business examine all the hazards it confronts. Risk management also addresses the link between risks and their ability to cascade repercussions on an organization's strategic goals.
Original:
This complete approach to risk management is sometimes referred to as enterprise risk management because of its emphasis on anticipating and assessing risk across an organization. Enterprise risk management (ERM) highlights the necessity to manage positive risk alongside internal and external threats. Positive risks are opportunities that, if embraced, may raise a company's worth or, on the other side, might damage it if not taken. Indeed, any risk management program aims to sustain and generate value for the organization by making smart risk decisions rather than eliminating all risks.
Original:
"We do not manage risks so that we can avoid them." We manage risks so that we can evaluate if they are worthwhile.
Original:
Paraphrased here. The OP finally starting to think.
What is the relevance of risk management?
Risk management is essential today more than ever. As globalization has increased, businesses face more complicated risks than they did several decades ago. Additional hazards constantly occur, many of which are connected to or caused by the now-ubiquitous usage of digital technology. Risk specialists have nicknamed climate change a "risk multiplier."
Original:
In answer to the pandemic's fears, companies swiftly modified their approaches. They will, however, have to contend with new concerns in the future, such as how or if to return people to work and what should be done to make their supply networks less sensitive to crises.
Companies and board of directors are reconsidering their risk management methods as the globe grapples with COVID-19. They are reassessing their risk exposure and investigating risk management solutions. They are evaluating who should be involved in risk reduction.
Original:
Paraphrasing here
Companies are now utilizing a reactive risk management strategy — guarding against past hazards and altering operations when a new risk causes harm — and are exploring the competitive advantages of a more proactive approach. Sustaining sustainability, robustness, and business agility are becoming increasingly popular. Companies are also studying how artificial intelligence and advanced governance, risk, and compliance (GRC) systems could enhance risk management.
Original:
Happy New Year... I hope this be of help to someone
Happy new year
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