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Describe the term enterprise risk management

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Question: The decision to adopt ERM in the advanced education segment happens either in light of a sentinel occasion or at the bearing of the president, board, or other senior pioneer. These may really be interlaced, as a consistence or monetary occasion might be the essential trigger, whereby a president or the board at that point commands the ERM adoption. Enterprise Risk Management refers to a formal device which an association utilizes to assess and deals with its hazard to such an extent that it tends to have the option to accomplish its ideal objectives.

Reference no: EM132370106

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