(b) Distinguish between strategic and operational risks, and explain why the secrecy optio

(b) Distinguish between strategic and operational risks, and explain why the secrecy option would be a source

of strategic risk. (10 marks)

参考答案:

(b) Strategic and operational risksStrategic risksThese arise from the overall strategic positioning of the company in its environment. Some strategic positions give rise togreater risk exposures than others. Because strategic issues typically affect the

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