Risk and Risk Analysis
6 pages
(1865 words)
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echnology that has created highly sophisticated hazards which make risk management more complicated and crucial.... According to Fischer and Janoski (2000) “A risk management program should follow four basic steps:
... Optimization of risk management alternatives .... Causes leading to a risk include natural disasters such as floods, fire, earthquake to dishonesty of the employees, mismanagement of confidential information, delay of orders, theft, robbery, sexual harassment, violence or irresponsible behavior of company's management and all....