Traditional Risk Management (TRM): Refer to the article A looming Lufthansa pilot strikewould hit 20 US airports.
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Traditional Risk Management (TRM): Refer to the article “A looming Lufthansa pilot strikewould hit 20 US airports.”
Answer the following question using the TRM risk management model.
a. Name and explain the primary loss exposure Lufthansa faces.
b. Using an example from this article, explain a net income loss that could occur if the
primary loss exposure becomes a loss. Be sure to use the Net Income equation as
part of your explanation.
c. Name and explain which loss exposure/risk identification method would be best to
use in step 1 of the risk management process to identify the primary loss exposure
you noted in part a
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