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Choose a business with which you are familiar. List that business by name or description and then describe how risk management could help the business meets one of the risk management goals.
Please add scholarly references and in-text citations
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The paper discuses risk management strategies of an automobile company located in Sydney, Australia. The company that has been taken into account is the Vaeto Automobiles Company. The paper discussed about the marketing risk that might be faced by the company due to fluctuations of the price of the goods. The company has defined its risk management strategies so that the firm is capable of minimizing the risk in case of fluctuations of price.
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