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From this, an annual company/operational strategy is developed by the executive or management group, which outlines the crucial tasks to be undertaken to contribute to the achievement of the strategic objectives. The Code Requirement is much more strategic, but the standard strategy is the very same, namely working out what could go incorrect and how to lower the possibility of such outcomes. Managing organisational dangers implies that you take a genuine step back and look at difficulties relating to the organisation’s plans and its extended-term sustainability. This higher-level approach is normally referred to as ‘organisational’ or ‘strategic’ danger management. The...