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IDENTIFICATION 1. In risk management , this components reflects the company risk managements , philosophy, risk appetite, board oversight, commitment to ethical values and competence
IDENTIFICATION
1. In risk management , this components reflects the company risk managements , philosophy, risk appetite, board oversight, commitment to ethical values and competence of the human resource and the assignment of authority and responsibility.
2. This is the high level goals aligned with and support the organization's mission and long-term vision
3. Evaluating possible response and selecting the response in a risk management
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