Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 15, Problem 2P
Summary Introduction

Interpretation:

Organization has the best potential to stop any loss before it happens.

Concept Introduction: A disaster is a natural event that causes damage to property and life. It is an unforeseen event. Crises are difficult or dangerous situations. An emergency is an unforeseen and unexpected event which may be man-made or natural which requires immediate action.

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