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Managers need to examine internal and external factors for risk management. External factors for risk may include all except,     The economic environment  Competitor’s activity  Work culture and practice  New technological changes    SWOT analysis is commonly suggested method for:  Controlling risk factors of an organization  Implementing a new process  Quality Improvement   Managing challenges and opportunities    During a change scenario manager need to,  Understand and communicate the context of change  Facilitate processes and operations  Be innovative and tolerant of risk taking  All of the above

Managers need to examine internal and external factors for risk management. External factors for risk may include all except,     The economic environment  Competitor’s activity  Work culture and practice  New technological changes    SWOT analysis is commonly suggested method for:  Controlling risk factors of an organization  Implementing a new process  Quality Improvement   Managing challenges and opportunities    During a change scenario manager need to,  Understand and communicate the context of change  Facilitate processes and operations  Be innovative and tolerant of risk taking  All of the above

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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  1. Managers need to examine internal and external factors for risk management. External factors for risk may include all except,    
  1. The economic environment 
  1. Competitor’s activity 
  1. Work culture and practice 
  1. New technological changes 

 

  1. SWOT analysis is commonly suggested method for: 
  1. Controlling risk factors of an organization 
  1. Implementing a new process 
  1. Quality Improvement  
  1. Managing challenges and opportunities 

 

  1. During a change scenario manager need to, 
  1. Understand and communicate the context of change 
  1. Facilitate processes and operations 
  1. Be innovative and tolerant of risk taking 
  1. All of the above 

 

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