Enterprise risk management is being adopted because of the increasing amount of environmental uncertainty that can affect an entire corporation.

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Enterprise risk management (ERM) is a process of identifying, assessing, and prioritizing risks across an entire organization. This approach is being adopted by companies because of the increasing amount of environmental uncertainty that can affect all aspects of a corporation, including financial, operational, and strategic risks. With ERM, companies can better prepare for and respond to potential risks and uncertainties, thus improving their overall resilience and ability to succeed in a volatile business environment.

Enterprise Risk Management Is Being Adopted Because of the Increasing