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Most Risk Management Programmes Are Implemented at the Corporate Rather

question 8

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Most risk management programmes are implemented at the corporate rather than the divisional level.Why?


Definitions:

Convergent Plate Boundary

A region where two tectonic plates move towards each other, often causing earthquakes and forming mountains.

Oceanic Trench

A deep, narrow depression in the ocean floor, usually occurring at subduction zones where one tectonic plate is being forced under another.

Island Chain

A series of islands formed close to each other, often as a result of volcanic activity.

Mid-Ocean Ridge

An underwater mountain range formed by plate tectonics, where new oceanic crust is created.

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