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Critically discuss the pros and cons of managing risks among organizations.

Critically discuss the pros and cons of managing risks among organizations.
asked 183k views
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Critically discuss the pros and cons of managing risks among
organizations.

asked
User Dag Wieers
by
8.0k points

1 Answer

2 votes

Pros of managing risks:

  • Proactive approach
  • Protection of assets
  • Improved decision-making

Cons of managing risks:

  • Cost and resource-intensive
  • Complex and time-consuming
  • Uncertainty and unpredictability
answered
User Ovidiu Dolha
by
8.8k points
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