Define the Term Precautionary Act. Provide 3 Examples

question 13

Essay

Define the term precautionary act. Provide 3 examples.

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Definitions:

Top Management

The highest level of executives and administrators responsible for setting strategic goals and making critical business decisions for an organization.

Market Value

The current price at which an asset or service can be bought or sold.

Downsizing

Downsizing refers to the reduction of a company's workforce or the scaling back of its operations to decrease expenses and increase efficiency.

Informal Style

A casual or relaxed manner of communication, often characterized by personal expressions and the absence of strict adherence to grammatical rules.