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Alinara [238K]
3 years ago
9

The __________ converts the instructions and perspectives provided to the RM framework team into cohesive guidance that structur

es and directs all subsequent risk management efforts.
Social Studies
1 answer:
bonufazy [111]3 years ago
7 0

Answer:

risk management policy

Explanation:

A risk management policy is a documented statement of risks associated with carrying out a particular action and also guidance on how to manage the risks. Several activities come with their own risks, hence it is necessary for an organisation to create a risk management policy to define those risks and how to overcome them.  A risk management policy also outlines the persons to perform the activities that are associated with the defined risks.

A risk management policy helps to maintain financial sustainability, protects the assets of the business and also protects the staff and objectives of the company.

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