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  Step onto the industry and the most heard terms will be “Business ethics” and “corporate social responsibilities.” Typically, the later represents the company’s response on the former. In fact, CSR largely influences a company’s behavior and approach towards environmental, communal, and financial issues. If illustrated, this corporate accountability embodies the positive actions which win over an organization’s negative impact on those issues. And, this whole concept is defined as risk management in the industry. Here’s an example that will help you gain an inside-out notion on this affair. Say for example a multination firm periodically reviews its company employment policies, keeping a track of the past records. The sole reason is nothing but avoiding any sort of legal lawsuits on the context of human right abuse or violation of corporate values. Thereby, the company performs at par with the potential working standards and the entire scenario is labelled as “risk management.” S