Can you apply the likelihood and magnitude approach to any kind of risk that a company faces?

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Can you apply the “likelihood and magnitude” approach to any kind of risk that a company faces? Can you think of any examples that would not be suitable for that kind of analysis? How should companies evaluate those situations?

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Introduction to Information Systems

ISBN: 978-0073376882

16th edition

Authors: George Marakas, James A. O'Brien

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