Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a. How can managers mitigate internal risks? Internal risks include technological, human factor, and physical risks. These can be reduced by implementing internal risk control

a. How can managers mitigate internal risks? Internal risks include technological, human factor, and physical risks. These can be reduced by implementing internal risk control systems in the organization. This means that managers should establish clear procedures and controls, train employees to follow them, and monitor compliance. b. How can managers mitigate external risks

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Purchasing and Supply Chain Management

Authors: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

5th edition

538476427, 538476423, 978-0538476423

More Books

Students also viewed these General Management questions