Preparing For And Reacting To A Recall

Law360, New York (December 11, 2009, 5:23 PM EST) -- The creation and implementation of an Enterprise Risk Management (“ERM”) plan is integral to minimizing and preparing for possible risks your company might face with a product recall.

Not only will an ERM plan prepare your company for the unexpected, but the initial ERM investment will potentially save it from the skyrocketing costs of litigation that might come with a product recall.

Furthermore, an ERM plan can be used as an opportunity for business growth since every product crisis is an opportunity to enhance your company’s...
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