Unit Objectives

To raise business risk awareness and develop knowledge and understanding in the assessment, monitoring, and control of business risks.

To enable the learner to develop an appreciation of the implications of business risks.

Learning Outcomes

• Understand the risk management function in business.
• Understand how business risk is assessed and managed.
• Understand the effects of business risks and how they can be managed.
• Understand approaches to crisis management and business continuity planning.