Risk Management
Risk Management is a field in business that involves identifying, analyzing, and accepting or mitigating the uncertainties associated with decision-making. It intersects with Business Innovation and Strategy in the way it helps organizations navigate through potential risks while implementing new ideas and approaches. Additionally, it plays a crucial role in Business Economics by managing financial uncertainties and other business risks that could potentially influence economic outcomes. Overall, in the context of Business, Risk Management encompasses methods and procedures used by organizations to manage risks and seize opportunities related to the achievement of their objectives.