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External Risks

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Guest user Created:   Aug 07, 2020 Last commented:   Aug 07, 2020

External Risks

may i ask if natural hazards or calamities are considered part of external risks

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ISO 9001 DOCUMENTATION TOOLKIT

Step-by-step implementation for smaller companies.

ISO 9001 DOCUMENTATION TOOLKIT

Step-by-step implementation for smaller companies.

Expert
Carlos Pereira da Cruz Aug 07, 2020

Natural hazards or calamities may be external issues that can translate into risks or opportunities. For example, a manufacturing company located near a flooding area may lose the capability to operate normally for several weeks. A hurricane can weaken a competitor and create an opportunity to expand activity. Today, I read in a newspaper that the coronavirus pandemic lockdowns worked as a boon for software game companies. It is up to each organization to determine the relevant issues from its context.

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Aug 07, 2020

Aug 07, 2020

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