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• Can the impact of one specific risk event, such as a technical risk event, create additional risks (which may or may not be technical risks)? Can risk events be interrelated?

• Does the list provided by marketing demonstrate the likelihood of a risk event or the impact of a risk event?

• How does one assign probabilities to the marketing list?

• The seven items in the list provided by engineering are all ways of mitigating certain risk events. If the company follows these suggestions, is it adopting a risk response mode of avoidance, assumption, reduction, or deflection?

• Would you side with marketing or engineering? What should Luxor do at this point?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91639175

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