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Difference between risk and uncertainty

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Reference no: EM133184309

Question 1.

What is the difference between risk and uncertainty? Provide examples of what your organization has done, or not done, to deal with risk and uncertainty. How did those actions affect the firm once a contingency of risk or uncertainty materialized?

Question 2.

How does the financial strength of an organization influence decision making and outcomes? Provide examples that support your rationale.

Reference no: EM133184309

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