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To demonstrate the concept of buy-in and to ensure that risk management does not become a secondary issue, management must convey and enforce specific rules within the organization. Examples of such behavior include:
I. Removing risk limits.
II. Requiring open communication about risk management between departments and business units.
III. Implementing tracking measures so that senior management is always aware of the balance between risk managers and risk takers. A. I and II. B. II and III. C. I, II, and III. D. I and III. |