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BP and the Real Value of Prudent Risk Management
Sources News Release
http://www.sources.com/Releases/NR854.htm
Publisher: Richard Martin
Date Written: 24/05/2010
Year Published: 2010
Resource Type: Article
Prudent risk management is about weighing potential risks against potential rewards and benefits.
Abstract: Prudent risk management is about weighing potential risks against potential rewards and benefits. Carrying out dangerous and risky activities such as offshore drilling without carefully and fully weighing the risk-reward ratio is not only foolhardy, but can be considered unethical and irresponsible. Just in case the value of prudent risk management wasn't evident enough after BP's Gulf of Mexico oil disaster, now we learn that president Obama is setting up a commission to investigate oil industr...
To read the full release go to http://www.sources.com/Releases/NR854.htm
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