Question

In: Operations Management

What role does/or can security play as a risk management technique? Does it seem that this...

What role does/or can security play as a risk management technique? Does it seem that this practice is widely used? If so, why? If not, why not?

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Expert Solution

Security helps in ensuring that risks can be managed and the organisation is safe even when a risk occurs. Security acts as risk coverage and is widely used by many companies as a risk management technique. This is because securities are the best ways of recovering a risk and making sure that the company is safe. Hence they are widely used.


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