Each manager in the organization should focus on reducing risk. This is often done within the context of one of the three communities of interest, which includes all but executive management must develop corporate-wide policies.
b. Executive management must develop corporate-wide policies
Step-by-step explanation:
Executive management director needs to perform capacities like arranging, sorting out, staffing, coordinating and controlling. Every one of these capacities are basic for running an association easily and accomplishing undertaking targets without hazard.
The individual in question should plan to give sensible confirmation with regards to the accomplishment of the organization's destinations and helps the organization in accomplishing its monetary targets. Successful hazard the executives consistently evaluates and distinguishes chances and decreases amazes that influence the association.