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Once potential risks have been identified, the next step is to assess their likelihood and impact. This involves evaluating the probability of each risk occurring and the potential consequences if it does. For example:

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In a world that constantly demands conformity, playing it safe is the biggest risk of all. Is it a style, an attitude, or a state of mind

After assessing potential risks, the next step is to develop strategies to mitigate them. For Risque Business 2, some potential risk mitigation strategies may include: