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Risk Management and Mitigation Strategies of Wal-Mart

Develop a mitigation strategy for Wal-Mart. Apply loss control methods to each of the hazards identified. What groups are accountable? What are the intended outcomes? What might be unintended outcomes?

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Wal-Mart faces various risks such as interest rate risks, foreign exchange risks, HR risks and inherent risks, which could negatively impact the company and its operations in the market (Moeller, 2011). Wal-Mart is a large and dominant firm that faces inherent risks related to the environment, wastage and unauthorized use of products. In order to reduce these risks, company would use ...

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This response provides brief guidelines for what risks Wal-mart faces and how these risks could be mitigated.