Page 228 - RISK Management IC 86
P. 228

Risk Management

be brought urgently to the attention of management,
for e.g, defalcation, industrialist espionage, and credit
risks.

(b) Employee training -there are several fundamentals
     and the training of employees, like:(a) they need to
     be aware of the hazards to which they may be
     exposed in the course of their duty and what steps
     they should take to minimise the risk of injury. (b)
     training required regarding the use of special clothing
     and equipment provided for their safety.(c)
     instructions should be given to all employees as to
     what to do during emergency. (d) training clients to
     deal with emergencies and until expert help arrives.(e)
     instilling a sense of safety consciousness all
     employees, both in the way they carry out their work
     and in the avoidance of defects the firm's products.

The aim should be to instil in each employee, a sense of
responsibility towards fellow employees, customers and
the general public.

Q2. Write short notes on:
         (a) risk management records

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