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a key element in risk analysis is
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Anthony’s Answer
The key element in risk analysis is to properly identify with the company's worst case scenario. A great movie in 2011 (directed by J.C. Chandor) provided an excellent storyline dealing with risk analysis. Grab a couple Terje Aven books while you're at it.
https://ww4.0123movie.net/movie/margin-call-3830.html
https://www.corporatecomplianceinsights.com/key-elements-of-the-risk-management-process
https://www.amazon.com/s?i=stripbooks&rh=p_27%3ATerje+Aven&s=relevancerank&text=Terje+Aven&ref=dp_byline_sr_book_1
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Gabriel’s Answer
sorry to rain on the parade with reality... but a key element to risk analysis is asking yourself, "who wants me to do this risk analysis?" and "how honest am i allowed to be with my responses?"