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Risks can be avoided by countering the threats that an asset faces.
Bidding War
A competitive situation where multiple parties repeatedly outbid each other to win something, often seen in auctions or real estate markets.
Phase Model
A framework that outlines sequential stages or steps in a process or activity.
Problem Solving
The process of finding solutions to difficult or complex issues.
Precursors
Precursors are substances, conditions, or events that precede and indicate the approach of something.
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