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5 MANAGING RISK OF BUSINESS

MANAGEMENT: GG PORT

(MALAYSIA) BHD “

The article emphasizes the significance of managing the

risk associated with business records in order to

safeguard valuable assets and achieve business

objectives.

The availability of proper infrastructure and facilities is crucial for managing the risk of “

business records. Without suitable record keeping facilities, organizations face significant
It underscores the need for robust policies, stakeholders and minimize concerns related to
difficulties in terms of record retrieval, storage and disposal. The article emphasizes the
procedures and facilities to effectively potential risks. The study strongly advocates
need for compliance with storage requirements and standards to ensure effective risk manage risk. The study’s findings indicate a for a collective effort from all levels of

management. In terms of methodology, the study employs qualitative data collection need for improvement in various aspects of management to proactively mitigate and

through interviews conducted with staff members from specific department within GG managing business records, including manage the risk associated with business

(Malaysia) Bhd. Thematic analysis is employed to analyze the collected data and derive awareness levels, policy formulation, records. It emphasizes the formulation of
adherence to procedures and the provision of suitable policies, procedures and storage
meaningful insights.
appropriate storage facilities. The article facilities, as well as the implementation of
The finding of the study reveals a lack of awareness, available policies and procedures
concludes by asserting that a well-managed comprehensive disaster planning, particularly
and effective storage facilities for managing the risk of business records, particularly approach to business records can significantly for organizations located in flood-prone areas.

regarding awareness levels, the formulation of comprehensive policies and procedures contribute to the overall efficiency and By drawing lessons from past experiences,

and the provision of suitable storage facilities. In summary, the article emphasizes the effectiveness of business operations. By businesses can protect and secure their

significance of managing the risk associated with business records in order to safeguard adopting suitable risk management practices, valuable business records and other assets,
organizations can instill confidence in ultimately ensuring long-term success.
valuable assets and achieve business objectives.

JULY | 2023 Managing Risk of Business Management: Gg Port (Malaysia) Bhd 30