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What is the role of risk management systems and key risk indicators ( KRIs ) in an organization? * To assess the level of compliance

What is the role of risk management systems and key risk indicators (KRIs) in an organization? *
To assess the level of compliance with legal and regulatory requirements
To identify and mitigate potential threats to the organization's security and reputation
To evaluate the potential impact of market fluctuations and economic conditions
To address obstacles and measure the negative, unfavorable effect of uncertainty on objectives
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