How does a firm prioritize which threats to their business would be most damaging?

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Business Strategy MCQs

It considers all threats equally damaging.

It weighs the probability of the event occurring and how it will impact the business.

It looks at the threats which have impacted other companies and assumes that they will impact them also the extent of damages.

It considers only those threats damaging which impact employee morale.

Answer

Correct Answer: It weighs the probability of the event occurring and how it will impact the business.

Explanation:

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