The Sooner the Issue Is Identified (Often Through Issues Management)

question 1

True/False

The sooner the issue is identified (often through issues management), the more time the business has to plan for and deal with it.

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Definitions:

Retention

The ability to remember and store information over time, often measured in terms of duration and capacity.

Period Of Time

A specific duration marked by a beginning and an end, measured in units such as seconds, minutes, hours, or years.

Constructive Processing

Referring to the retrieval of memories in which those memories are altered, revised, or influenced by newer information.

Hindsight Bias

The tendency to falsely believe, through revision of older memories to include newer information, that one could have correctly predicted the outcome of an event.