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A standard scenario analysis may fail when novel (unexpected) events, like a pandemic or war, occur. Which of the following methods help a firm be
A standard scenario analysis may fail when novel (unexpected) events, like a pandemic or war, occur. Which of the following methods help a firm be prepared to for the impact of novel risks? (select all that apply) A. Focus on the firm's vulnerabilities instead of predicting events. B. Put more emphasis on the results of simulations. C. Stop using scenario analysis. D. Have a crisis management team as part of the organization's strucutre.
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