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How Does Risk Management Differ from Quality Management

question 4

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How does risk management differ from quality management?


Definitions:

Traditional Interventions

Established, conventional methods or treatments used to address problems or challenges.

Client-Consultant Relationship

The dynamic and interactive relationship between a consulting firm and its client, characterized by mutual respect and collaboration.

External Consultant

A professional who provides expert advice and a fresh perspective on organizational issues, strategies, or operations from outside the company.

Retail Firm

A business that sells goods or services directly to consumers from a physical location or through various online channels.

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