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Enterprise Risk Management (ERM) is a comprehensive and systematic approach to managing an organization's risks. By implementing an ERM framework, what significant benefit is a company anticipated to achieve?
A
Allowing the company to determine and make use of a higher risk appetite
B
Finding the optimal reporting methodology for each risk function
C
Improving the top-down communication and coordination in the company
D
Taking advantage of the new opportunities that create value on a standalone basis
