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We will also look at how to conduct **risk assessments**. This involves identifying potential risks, assessing their likelihood and impact, and developing mitigation strategies. For instance, if your company handles sensitive customer data, you need to assess the risk of a data breach and implement security measures to protect that data. This is super important! You will also learn about **internal controls**. These are the policies and procedures designed to prevent fraud and errors. This includes things like segregation of duties, access controls, and regular audits. This is another area where a bit of effort upfront can save a whole lot of headaches down the line.
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* **Capacity:** The carrying capacity of a container ship is measured in TEUs, which represents the number of standard 20-foot containers it can hold. The ***MSC Irene*** likely has a capacity of several thousand TEUs.
