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BUS/402 BUS402 BUS 402 Week 9 Discussion 2

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BUS 402 Week 9 Discussion 2 Management Succession and Risk Management Strategies Please respond to the following: • Assume you are the owner of a small business with which you are familiar. Outline the basics of a management succession plan for passing the business on to the individual of your choice. • Referring to the same small business, determine the most appropriate way for that business to minimize its exposure to risk. Explain your rationale.