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Chapter 10

Risk identification

Risk

Categorised by

Strategic Risk Operational Risk
Affects the overall Affects the day to

mission of the day activities of
company the company

3.1 Strategic Risks

 risks arising from the possible consequences of strategic decisions taken by the
organisation

 also arise from the way that an organisation is strategically positioned within its
environment

 should be identified and assessed at senior management and board or director
level

 PESTEL and SWOT techniques can be used to identify these risks

NB more will be seen on these in Paper P3

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