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Risk ManagementEssay Preview: Risk ManagementReport this essayRisk ManagementDianna KirklandRisk ManagementThe purpose of risk management is to analyze, measure, and asses exposure to risk and determining the most suitable strategy for management. (WebFinance, 1997-2007, p. 1). Basically, risk analysis is also preparing for every possible situation which could cost the organization, individuals, and society financially, mentally,.