Outline the four basic risk management strategies and give an example of each.

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Effective small business management An Entrepreneurial Approach

ISBN: 978-0132157469

10th Edition

Authors: Norman M. Scarborough

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Question Posted: Oct 12, 2012 02:49 AM

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Outline the four basic risk management strategies and give an example of each.

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The four basic risk management strategies are Risk Avoidance Avoiding risk requires a business to take actions to shun risky situations For example yo...View the full answer

Effective small business management An Entrepreneurial Approach

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