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. )

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