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March 28, 2017

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2. Think of a risk response plan that you have in your personal life, such as automobile, homeowner’s, or renter’s insurance.

What were some of the decision criteria that influenced your decision about how much coverage to purchase?

How does your decision-making process compare to that of an organization determining risk mitigation strategy for a project?

  • business - ,

    I would suggest you considered the following:
    cost
    time
    going to jail
    being sued
    losing friends
    disrupting relationships
    ego deflation
    ego enhancement

    So do the assignment, it is clear.

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