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Group #1 Student Handout Title:  Managing Global Risk to Seize Competitive Advantage Author:  Paul A. Laudicina Journal:  Ivey Business Journal Pages:  N/A Publication Date:  March/April 2005 Reference:   Laudicina, Paul A. “Managing Global Risk to Seize Competitive Advantage.” Ivey Business Journal, Mar. 2005, advantage/. Accessed 24 Sept. 2017 “The most successful transnational firms manage risks and build value. These firms plan for success by assessing the strategic context, monitoring the global environment, preparing for future conditions, and weighing potential dangers.” – Paul A. Ludicina Drivers, Fuel, and Changing Landscapes -The strategic risk management framework offers five current drivers that propel future changes in social and economic conditions, each “turbocharged” by the power of technological innovations. The following are the drivers, and their indicators: 1. Globalization
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