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What is Industry Risk
An industry may be viewed as group of companies which compete with each other to market a homogeneous product. Industry risk is that portion of an investment's total variability of return caused by events which affect the products and firms that make up an industry.
Question: (a) What are the two major types of risk analysis? (b) Which type is generally used in risk analysis of information systems and why? (c) Explain the methodology
Explain how budget planning is related risk management
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