There are the right ways to do things, and the wrong ways. When it comes to operating a business, compliance and risk management is key to ensure that you’re doing everything by the books and are able to avoid the negative consequences of breaking rules or regulations. Risk management is the process of identifying, assessing and controlling threats to an organization's capital, earnings and operations. These risks stem from a variety of sources, including financial uncertainties, legal liabilities, technology issues, strategic management errors, accidents and natural disasters.
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