The risk for any organization to face bankruptcy is valid. suggest techniques of which companies can proactively take to mitigate this risk ??

Question

Risk treatment Options  as buying business interruption insurance  policies can be valid. more options as in diversifying production lines might decrease the likelihood of facing production failures that may lead to bankruptcy.

Do you agree and what else would you suggest?

ALI I.Y RAYYAN · Answer

· Be cash-conscious

· Insure against your specific risks

· If your business changes, your insurance should, too

· Insure key people

· Use contractual indemnification clauses

· Give yourself an out

· Create separate entities

georgei assi · Answer

I agree with your answer completely Miss Nancy

Nancy Refai · Answer

Risk treatment Options as buying business interruption insurance policies can be valid. more options as in diversifying production lines might decrease the likelihood of facing production failures that may lead to bankruptcy.

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The risk for any organization to face bankruptcy is valid. suggest techniques of which companies can proactively take to mitigate this risk ??

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