Key Personnel
Employees whose skills, knowledge, relationships, or leadership are so critical to business operations that their depart...
Real World
When Elon Musk briefly faced removal from Tesla's board in 2018, investors reacted with a sharp stock price drop — demonstrating how one individual's perceived departure can threaten company value.
Exam Focus
Distinguish key personnel risk from general labour turnover — examiners expect you to link it specifically to business continuity and non-financial risk.
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