Describe the concept of the black swan

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Reference no: EM132110081

The "Black swan" is known as the concept of risk and the perception that we are often blinded by things that "we never saw coming".

Question:

Describe the concept of the black swan. Explain if you either support or dismiss the concept of the black swan. What is a work-related example/evidence to support the opinion. Why do you believe the example you provided was or was not unforeseeable? Explain how formal risk management may increase awareness and control over risks.

Reference no: EM132110081

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