Identify the legal risks associated with a business and implement measures for managing those risks.

Knowledge of law as a business asset

● Identify the legal risks associated with a business and implement measures for managing those risks.

● Identify and plan for risks before they occur rather than adopting the reactive mode.

● Business ethics are not always coextensive with legal requirements but are increasingly important for running successful business How many particles of insects do we allow in peanut butter in Canada?

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