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Business decisions based on accepting certain level of risk

Question: Companies are constantly making business decisions based on accepting a certain level of risk. Discuss a situation where a company has accepted a certain degree of risk. Compare and contrast the cost of compliance against the degree of risk of noncompliance. What considerations may a company take into account when determining whether accepting risk is acceptable or unacceptable?

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Finance Basics: Business decisions based on accepting certain level of risk

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