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    Reducing business risk

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    Most companies implement various policy and procedures in an effort to reduce various risk factors. Some companies have policies that employees who dealt with sensitive information not only had to go through a background check but they also had to pass a credit check.

    Do you think this is an effective policy to reduce risk? Why or why not?

    © BrainMass Inc. brainmass.com October 1, 2020, 11:39 pm ad1c9bdddf
    https://brainmass.com/business/credit-management-credit-policy-analysis-and-risk/reducing-business-risk-policy-282936

    Solution Preview

    It is somewhat effective because it goes to the person's character and how they spend money and whether they ...

    Solution Summary

    Is an employee credit check an effective policy to reduce business risk is determined.

    $2.19

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