Risk management strategy, This shows the importance of

Risk management strategy

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Question

The Titanic disaster teaches us that when multiple risks come together, the situation can become much more dangerous. Bad weather, poor lookout equipment, neglected radio monitoring, high speed, and a flawed ship design all contributed to the tragedy. This shows the importance of considering how different risks interact and working to manage them together in a risk management strategy.

Reference no: EM133736201

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