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A chocolate package can make you lose a fortune!

Crises are generally defined as decisive moments, particularly in times of danger or difficulty. Times of danger or difficulty can arise because of various hazards, i.e. of natural, man-made (voluntary or involuntary) and public opinion/media type, hitting the organization or the system under consideration. However sometimes even a chocolate package can make you lose a fortune! Any hazard type can generate harm, losses, i.e. consequences, which can be limited to physical losses, or evolve into image related damages. These last ones…

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Long term risk mitigation plans at country wide scale can be measured

Humanity’s risk profile is changing Long term risk mitigation plans at country wide scale can be measured. The elements of humanity’s global risk equation, which already seem, also thanks to media and informational pressures, to describe an ascending and worrisome trajectory, will change radically in the future (Financial Times, 2007). Among these changes we can cite: Some parameters of change Global climate change (natural hazards). The intensity/magnitude, probability and annual distribution of many natural hazards may change because of global…

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