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Explain one challenge faced when analysing risks

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Reference no: EM133247223

Question 1.

Explain one challenge faced when analysing risks.

Question 2.

Explain how the notion of "newness" is an important factor in determining one's risk perception. Provide an example.

Question 3.

Provide an example of a situation in which a given risk should be transferred.

Reference no: EM133247223

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