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    Risk Assessment and Mitigation Techniques

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    Why is Risk Assessment and Mitigation Techniques an important part of forming a PROBLEM SOLUTION for an organization.

    © BrainMass Inc. brainmass.com June 3, 2020, 9:56 pm ad1c9bdddf
    https://brainmass.com/business/business-management/why-are-risk-assessment-and-mitigation-techniques-important-to-problem-solution-206801

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    Risk is an important aspect of any problem solving solution because it represents a liability or cost to the organization that is not a definite cost or expense. This means that depending on the outcome of the problem and the circumstances the organization may or may not be exposed to the risk or suffer the damage of the risk.

    An example from an organization would be the termination of an employee. There is always risk involved as any ...

    Solution Summary

    Why risk assessment and mitigation techniques are an important part of forming a problem solution for an organization is determined.

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