Importance of sound business decision-making in risk

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Reference no: EM131010055

For the first time in a very long time (perhaps ever!), the concept of financial risk and risk management has become a topic of concern at Presidential press conferences. Such concern has centered on esoteric financial products such as derivatives that are used to manage risk. What is the significance and importance of sound business decision-making in risk and risk management in business? Please, include specific references.

Reference no: EM131010055

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