Governance, Risk Management, and Compliance
We use an overall management approach through which senior executives direct and control the entire organization, using a combination of management information and hierarchical management control structures.
We use a set of processes through which management can identify, analyze, and where necessary, respond appropriately to risks that might adversely affect realization of an organization’s business objectives.
We use the management processes which identify the applicable requirements, assess the state of compliance, assess the risks and potential costs of non-compliance against the projected expenses to achieve compliance, and hence prioritize, fund, and initiate any corrective actions deemed necessary.
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