Question: Complete the Risk Response Plan. This should respond to all issues raised above and contain a detailed plan for monitoring the relationships in your business
Complete the Risk Response Plan. This should respond to all issues raised above and contain a detailed plan for monitoring the relationships in your business structure and where appropriate a plan for influencing and responding to these changes.
-
Interference with Economic Relations ( Interference with Economic Relations: Inequitable competition - Getting into business solely to steal buasiness from another company )
-
Injurious falsehood ( Injurious falsehood: When a product or service's reputation is tarnished because of misleading remarks about it. - Farmery has the capacity to mislead clients about a product or service, resulting in negative consequences to their reputation. )
-
Invasion of Privacy ( Invasion of Privacy: Unauthorized access to private information is shared. - Farmery, for example, could share confidential information about an employee with an unauthorized party. )
-
Defamation ( Defamation: A false statement that must hurt the reputation of a person or a company. - There is potential for Farmery to make a false statement about competitor in order to gain business from this false statement. )
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
