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Risk Management in any environment

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The text ( David Burt, et al. 2010) discusses risk management in the supply chain area. In your work environment are you risk conscious? Are you directed not to take risks, or does your company encourage risk taking if you can justify the results perhaps having a greater reward than the costs?

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The expert examines risk management in environments.

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In my work environment I am very risk conscious, but this risk consciousness causes me to take calculated risks that have the greatest probability of yielding a good return for my organization. In my work environment I must consistently analyze situations in relation to the procurement of material resources for utilization by my organization, which makes it my responsibility to be very conscious of all of the risks involved before taking any actions. Due to these factors, my company ...

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  • Master of Public Administration, North Carolina Central University
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