Small to medium businesses are exposed to risks on a daily basis. The impact of these risks could cause a decrease in revenue and/or an increase in expenses. As we all know, every business is subject to risks at any time. The potential losses as a result of unmanaged risks could be catastrophic. As discussed in the unit lesson, insurance policies can be purchased that can help protect businesses from risks caused by certain events and from risks to their employees’ personal security.
Scholarly Activity: Risk Management
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