Risk Decisions: How do low-involvement decisions differ from high-involvement decisions in terms of relevance, price, frequency, and the risks buyers face?

Other decisions are fairly insignificant, costing little to carry out, and producing only a short term effect on your organization, in order for mitigation to be effective you need to take action now—before the next disaster—to reduce human and financial consequences later (analyzing risk, reducing risk, and insuring against risk). Read more…