What is the second step of ERM?
A) Risk Identification
B) Risk Categorization
C) Risk Prioritization
D) Risk Response

Name: What is the second step of ERM? A) Risk Identification B) Risk Categorization C) Risk Prioritization D) Risk Response
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Risk Categorization is the second step in the Enterprise Risk Management (ERM) process, following Risk Identification. It involves organizing identified risks into categories for more efficient management and analysis.

What Is the Second Step of ERM