Failure Rate lessened compared to being in a steady state phase Main Problems anticipated sales may not eventuate initial costs are high employee push back against the changes, become disenchanted with the business, resist change Risk Level new strategy means some degree of risk can manage risk with risk minimisation techniques

The lowest risk industry change trajectory is?Group of answer choicesProgressive changeRadical changeCreative changeIntermediating change

Where risks cannot be eliminated, what will the organisation need to develop to make sure that duration of disruption is minimised?  A. Risk toleration  B. Remediation  C. Risk avoidance  D. Demand estimation

12 Evaluate the view that the most effective ways of overcoming market failuredepend on the specific causes of market failure. (25 marks)

Which risk arises due to changes in demand and supply, risk perception and expectations of investors, information flow and others?*Market RiskInterest Rate RiskPurchasing Power RiskBusiness RiskFinancial RiskDefault RiskManagement RiskLiquidity Risk

Which of the following risk mitigation approaches' primary goal is to increase system failure resilience? Group of answer choicesCybersecurity measuresRedundancy and backupsDisaster recovery planningSystem monitoring