Difference between source or cause of risk event

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1. What is the difference between a source or cause of a risk event and a risk event itself?

2. PESTLE analysis is, in effect, an audit or external scan of an organisation’s environmental influences that helps guide the planning and strategic decision making. It is often referred to as providing a ‘big picture’ of the environment in which a business operates.

Elaborate with PESTLE analysis in the context of procurement with the organisation of your choice.

Reference no: EM132308466

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