Question: Based on the case study, provide a brief discussion on the importance of risk management for companies like Woolworths SA . Furthermore, organisational risk management

Based on the case study, provide a brief discussion on the importance of risk management for companies like Woolworths
SA. Furthermore, organisational risk management is also concerned with planning in order to deal with loss situations and
to recover from losses. Identify and differentiate the two (2) types of plans that Woolworths SA could use in the context of
the case study.

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