Risk mitigation is like being a superhero, swooping in to save the day when danger looms. In the business world, it’s all about spotting those pesky risks and tackling them before they wreak havoc.
Think of risk mitigation as your company’s own superhero squad. Their mission? To prevent or reduce any potential damage from threats. They’re constantly scanning the horizon for danger, like sneaky competitors or market changes, and devising clever strategies to keep things running smoothly.