Apple can definitely ensure that a proper and robust risk
management technique is prevalent in the organization so that
potential risks can be forecasted and done away with in the long as
well as short run and business loss can be avoided.
- Apple can document a policy for risk management that would
nothing but would be a framework using which the risks are managed
and made sure that least amount of business is impacted in
situations of risk.
- That document would contain outputs for specific events i.e.
clear definition of how any case would be resolved given a
particular situation.
- Subjectivity would be reduced and objectivity in decision
making would be promoted.
- Stringer infrastructure would be maintained under this policy
framework and data to handle such situations would be there having
a backup as well.
- Every risk would be exactly measured, the impact would be
accessed, and after the entire evaluation it would be communicated
to the concerned stakeholders.