Examlex
What is the term used to describe the group consisting of the employees, investors, suppliers, and consumers of a manufacturer of laboratory equipment?
Low-Probability
Referring to events or outcomes that have a small chance of occurring, often used in risk assessment and decision-making processes.
High-Impact Event
A significant occurrence that has a major influence or effect on an individual, group, organization, or system.
Organizational Crisis
A significant threat to operations that can have damaging consequences if not managed properly, requiring immediate and effective responses.
Inadequate Control
A situation in management or systems wherein the controls are insufficient to ensure the proper functioning, compliance, or quality standards, leading to risks and errors.
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