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In: Finance

How do you post and write a paper on your local public library and observe the...

How do you post and write a paper on your local public library and observe the risk management tactics used by the facility?

Solutions

Expert Solution

Risk management means when we do something to avoid our risk and take advice from someone to reduce our risk and there are lot of things in our public which are tactics of risk management and are used by our facilityor public. These are very helpfull because we can ensure or reduce our risk through this thing. we can insurance and in insurance there is money when is someting happen to insured thing as we can say car and we get money if any accident occur and this is called risk management that we managed our risk before this happen then we become tension free after this. some of the risk management tactics are:

  • insurance: as discussed above, insurance is a technique from which one can insured their usefull things so that they can claim money when any misfortune occurs.
  • tax advisor: tax advisor is usefull for people as people can go and take advice regarding tax and make themselve safe regarding tax material.
  • banks: banks are also risk management tools as people deposit their money their make them safe.

apart from this, there are many other techniques also which helps us to reduce the risk.


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