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The risk for any organization to face bankruptcy is valid. suggest techniques of which companies can proactively take to mitigate this risk ??

Risk treatment Options as buying business interruption insurance policies can be valid. more options as in diversifying production lines might decrease the likelihood of facing production failures that may lead to bankruptcy. Do you agree and what else would you suggest?

Risk Management Business Continuity Business Development Strategic Management Management
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Question ajoutée par Nancy Refai , Health, safety and environmental management Trainer and consultant , Freelancer
Date de publication: 2014/07/25
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ALI I.Y RAYYAN
par ALI I.Y RAYYAN , Project Manager , ALAMAL GROUP

·  Be cash-conscious

·  Insure against your specific risks

·  If your business changes, your insurance should, too

·  Insure key people

·  Use contractual indemnification clauses

·  Give yourself an out

 

·  Create separate entities

georgei assi
par georgei assi , مدير حسابات , المجموعة السورية

I agree with your answer completely Miss Nancy

Nancy Refai
par Nancy Refai , Health, safety and environmental management Trainer and consultant , Freelancer

Risk treatment Options as buying business interruption insurance policies can be valid. more options as in diversifying production lines might decrease the likelihood of facing production failures that may lead to bankruptcy.

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