Question: Explain the difference between risk and exposure, in a business context. Then, discuss the ways in which ones relationship to risk influences decisions. In managing

Explain the difference between risk and exposure, in a business context. Then, discuss the ways in which ones relationship to risk influences decisions. In managing risk, are there any common mistakes one should try to avoid? Are there common mistakes one can guard against in decision making?

I need answer in 500 words

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