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

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

Section: Chapter Questions

Problem 1CE

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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.

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