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Has any other research you uncover suggest there are better frameworks to use for addressing risks?

Sagot :

Yes, the improvements that can be made in the frameworks to use for addressing risks are:

  • Important risk management ideas are communicated via enterprise risk management frameworks.
  • An ERM framework may be used as a communication tool for locating, evaluating, addressing, and managing internal and external risks.
  • Regardless of personnel turnover or industry norms, ERM frameworks aid in establishing a constant risk management culture.
  • They direct risk management activities, assist businesses in managing complexity, visualize risk, allocate ownership, and specify who is in charge of evaluating and overseeing risk controls.
  • The firm may integrate risk management into important business operations and processes with the help of a unique ERM framework.

To know more about risk management, refer to:

https://brainly.com/question/15543581

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