It is matter of great sorrow to see the destruction of hopes of thousands of shop owners of the Hawkers Market. If we had taken precautionary measures, we could have minimised the losses. The students of Business Administration study a topic named " Risk Management" or "Crisis Management" which means an element in planning that deals with potential disaster such as fire, earthquake, aeroplane crash etc. So in the near future if we want to save ourselves from sudden unexpected bankruptcy, we should develop a crisis management system.
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