The essay for this lesson is required to be a minimum of 750 words. Essay should have a clear introduction, thesis statement and conclusion, written in APA format with subheadings for organization. A minimum of three sources, at least two from the lesson, must be cited in-text and in the Reference list with page numbers included inside the essay.
Here is the directions for the essay: Complete this essay to test your understanding of liability-related risks, and their potential impact on a business reputation.
Write an introductory paragraph about the importance for small businesses to manage and mitigate potential business risks like cyber, property damage and third-party liabilities.
Include a statement about how all of these risks, individually or collectively, that can lead to serious reputation damage for a business if left unmanaged. Identify and describe three examples.
Describe an avoidance / mitigation prevention process that could be implemented to manage these risks