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Explain the Four Pillars ( Safety Policy, Safety Promotion, Safety Risk Management, Safety Assurance) of SMS and how it is applied to risk

Explain the "Four Pillars" ( Safety Policy, Safety Promotion, Safety Risk Management, Safety Assurance) of SMS and how it is applied to risk management. Assess its value within a "proactive and predictive" safety program. Discuss which SMS component you feel is most important in an aviation safety program, and why. What are some of the economic impacts of that component?

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