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RISK MANAGEMENT AND FORECAST OF AN ENTERPRISE

Mohnish Kumar, Mrs.Anam Fatima (Guide)

BBA FINANCE

School of Business

Galgotia’s University

Greater Noida

Abstract
This thesis is an exploratory study that measured the alignment of corporate risk management practices in Viope solutions Ltd. with best practices described in the 2009 ISO 31000, as well as two independent variables thought to influence risk management practices in an organization. The goal was to see if risk management practices differed between organizations within a single government, and if so, why, as well as to develop a number of testable hypotheses for future research. The thesis discovered that risk management practices differ significantly between organizations. It also discovered a strong correlation between an organization's budget, total workforce, and policy instruments, as well as the alignment of its corporate risk management practices with ISO 31000:2009. This research adds to our understanding of how risk management is implemented in both the private and government sector.