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1. Pretend you are a medium sized company, and identify 5 risks 2. Identify the degree of the risk happening, and what kind of impact

1. Pretend you are a medium sized company, and identify 5 risks

2. Identify the degree of the risk happening, and what kind of impact it would have on the company

3. Identify how much it would cost to reduce the risk, and figure out what is the best course of action to takw regarding the risk


low, med, high specific RISK label as: low, med, high Liklihood rep, s, other Impact CATEGORY Marketing Selling/Delivery Prod

Avoid, Minimize/Manage Outsource 3rd party/accept Response type specific actions to manage Details cost to reduce risk COST d  

label as: low, med, high rep, $, other Impact specific low, med, high CATEGORY RISK Liklihood Marketing Selling/Delivery Production Accounting/Cash HR

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Running a business comes with many types of risk Some of these potential hazards can destroy a business while others can cause serious damage that is costly and timeconsuming to repair Despite the ris... blur-text-image

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