purpose of risk management exercise

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For an assignment, you were asked to choose one company you are interested in for the purpose of risk management exercise. Now, suppose that you are newly appointed as CRO of the company, As CRO of the company, what would you do regarding the following questions. While answering the questions, please note that there is no such thing as single right answer. So, you can feel free to write what you think as you wish, in a logically consistent way.

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