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Dealing with Risks in Business
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[QUOTE="raaman, post: 333908, member: 23419"] Businesses are very wide-ranging and prone to risk. This is the reason it is difficult to tell a business direction because of the complexity of elements in business and globalization of economic activities. A entrepreneur, whether beginner or skilled have to face risks that are constant and unavoidable. On the other hand, those risks that are not identified and managed properly can have a impact on the business success and its capacity for sustenance. From this angle, the need to guard the capital that has been invested in the business is now imperative. The managers have to know the principle, correctly determine what types of potential and effective threats that could threaten business are and take an appropriate measure for each singular case. [/QUOTE]
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