Consequences of loss of reputation.
CS Professional · Governance, Risk Management, Compliances and Ethics · PYQS · December 2023
Consequences of loss of reputation.
Answer & Explanation:
Loss of Reputation has long lasting damages like: It destroys the Brand Value Steep downtrend in share value. Ruining of Strategic Relationship Regulatory relationship is damaged which leads to stringent norms. Recruitment to fetch qualified staff as well the retention of the old employees becomes difficult.
Topics: Risk Management
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