The main sources of reputational risks

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Protecting intellectual property rights. To avoid claims from other companies, it is important to monitor the use of brands, patents, and other intellectual assets. Registering trademarks and patents helps protect your own intellectual property.
Availability of qualified legal support. Legal support is an important element of protecting a business from legal risks. Companies should have their own legal department or cooperate with professional lawyers who will help draft documents, negotiate and protect interests in court.
Legal risks can be a serious threat to any business, especially in the context of constantly changing legislation. Entrepreneurs who pay attention to the legal aspects of their activities protect their assets, rights and reputation, creating a basis for stable development.

Reputational risks: how to maintain a company's image
Reputational risks are a threat to a company's image and the trust of customers, partners, and investors. In the age of the Internet and social media, negative news spreads instantly, and one wrong move can seriously online phone number australia damage a business's reputation. Loss of customer trust can lead to a decrease in sales, an outflow of partners, and even the closure of a business.

Quality of products or services. If a company produces a product or provides a service of poor quality, it may cause negative feedback and complaints. Customers who are dissatisfied with the quality may spread negative information, which will affect the company's image.
Example: A company releases a product with a defect, and customers begin to complain en masse about the poor quality, which leads to reputational losses and a decrease in sales.
Employee misbehavior. Employees of a company can become a source of reputational risks. This may include unethical actions, neglect of customers, or conflicts that become public knowledge.
Example: a company manager incorrectly responds to a customer's complaint on social media, which causes widespread discontent and negative reviews about the brand.
Negative reviews on social media and the media. In the digital age, negative customer reviews can instantly become public. If a company does not respond to criticism or tries to ignore it, this only increases the negative consequences.