1. When determining the potential impact of a problem, what items should you look at that the business will understand? (Select all that apply) i. Operational impact ii. Financial Losses iii. Cost of remediation and cleanup iv. Reputational Damage

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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**Question:**

When determining the potential impact of a problem, what items should you look at that the business will understand? (Select all that apply)

i. Operational impact  
ii. Financial Losses  
iii. Cost of remediation and cleanup  
iv. Reputational Damage  

This text is designed to guide businesses in assessing various dimensions of potential problems, ensuring comprehensiveness in evaluation.
Transcribed Image Text:**Question:** When determining the potential impact of a problem, what items should you look at that the business will understand? (Select all that apply) i. Operational impact ii. Financial Losses iii. Cost of remediation and cleanup iv. Reputational Damage This text is designed to guide businesses in assessing various dimensions of potential problems, ensuring comprehensiveness in evaluation.
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