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1)Distinguish between pure risk and speculative risk.List and explain in detail the three kinds of pure risk. 2)Explain the concept of Enterprise Risk Management.How does

1)Distinguish between pure risk and speculative risk.List and explain in detail the three kinds of pure risk.

2)Explain the concept of Enterprise Risk Management.How does it differ with the holistic risk management approach?Why did the Harvard Business Review consider it a "game changer" as it applied to strategic planning?

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