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ENCYCLOPEDIA

OF WORLD PROBLEMS

AND HUMAN POTENTIAL

  2. Global strategies
  3. Using due diligence

Using due diligence

Description

Using due diligence involves systematically gathering, verifying, and assessing relevant information before making decisions or taking action. This strategy aims to identify risks, prevent errors, and ensure compliance with legal, ethical, or operational standards. By applying thorough investigation and critical evaluation, due diligence helps organizations and individuals avoid fraud, mitigate liabilities, and make informed choices, thereby reducing exposure to potential problems and enhancing the effectiveness and accountability of their actions.This information has been generated by artificial intelligence.

Broader

Requiring necessary safety competence
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Meeting essential competency needs
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Using-Misusing
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Narrower

Providing due process
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Monitoring exposure to hazards
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Improving precautionary measures
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Establishing product quality measures
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Determining acceptable risk
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Defining roles
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Defining policy
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Facilitates

Undertaking pre-disaster planning
Presentable
Coordinating disaster relief assistance
Presentable

Facilitated by

Monitoring risk management systems
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Empowering staff
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Defining staff roles
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Value

Diligence
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Metadata

Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
  • Consciousness » Perseverance
Content quality
Yet to rate
 Yet to rate
Language
English
1A4N
J0939
DOCID
12009390
D7NID
205750
Editing link
Official link
https://encyclopedia.uia.org/strategy/using-due-diligence
Last update
Dec 3, 2024