Question: 1. What are the eight key elements for effective risk management? 2. What are the three steps to developing a risk profile? 3. What are

1. What are the eight key elements for effective risk management?

2. What are the three steps to developing a risk profile?

3. What are the differences between the three categories of costs? How can they be used in decision-making?

4. A common challenge is also how to integrate social, environmental, economic, and political risks into management decisions. What are these risks, provide examples.

5. What are the benefits of understanding the total costs and benefits of capital investments.

6. Explain how cutting waste can be the first place where the economic risk of environmental footprint can be transformed into profit.

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