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What Does Business Risk Include

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What does business risk include?


Definitions:

Systematic Mistake

Errors or biases that are consistent and predictable, often resulting from inherent flaws in the judgment or decision-making process.

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, social structures, and culture.

Pairwise Voting

A voting system in which candidates are compared in pairs, and the one receiving more votes than the other wins the comparison.

Pairwise Voting

A voting system where candidates or options are compared and voted on in pairs, with the winner determined by a series of individual contests.

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