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Risk Management ProgramNameCourse TitleInstructorDateRisk Management ProgramEnterprise risk management (ERM) is business approach that is developed according to astipulated plan and aims at identifying, assessing, and preparing for any unforeseencircumstances which may hinder the operations and objectives of the organization. This type ofstrategy is very crucial because modern businesses experience a wide range of risks and dangers(Kenton, 2019). As such, ERM is vital in laying the platform of how companies should combatsuch risks and avoid any adverse impact. Some of the primary risks include reputation,management of legal and human resources, and financial matters.Effective risk management entails making sure that all the right procedures are followedduring the risk management process. One of the critical factors in ensuring effective managementof risks is maintaining ...


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