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Jerald Orn

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2y ago

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Is Communication is not an essential component of risk management?

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Yes, communication is an essential component of risk management. It ensures that all stakeholders are informed about potential risks, their implications, and the strategies in place to mitigate them. Effective communication fosters collaboration, helps in aligning objectives, and enhances the overall decision-making process. Without clear communication, misunderstandings can arise, increasing the likelihood of risks materializing.


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