Briefly describe the framework for risk assessment in innovation and explain
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Briefly describe the framework for risk assessment in innovation and explain

12.

a. Briefly describe the framework for risk assessment in innovation and explain its usefulness for managerial decisions.

b. How can it assist managers in setting-up and sustaining their strategic positioning?

Hint
EconomicsA risk assessment framework (RAF) is a strategy for prioritizing and sharing information about the security risks to an information technology (IT) infrastructure. A good RAF organizes and presents information in a way that both technical and non-technical personnel can understand. The conceptual framework is a popular choice for managing risk in a digitized enterprise environment. COBIT ...
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