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Identify and Define the Four Key Functions of Management

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Essay

Identify and define the four key functions of management.


Definitions:

Hazard

The existence of a potentially dangerous situation or event.

Risk

An assessment of whether a hazard might have some societal impact.

Kilauea Volcano

An active shield volcano in the Hawaiian Islands, well known for its frequent and relatively mild basaltic lava flows.

Scoria Cone

A type of volcano characterized by its cone-shaped peak, formed from volcanic cinders that fall around a central vent.

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