Explain Compliance Risks, Using the Example of a Paint Manufacturing

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The Answer is  Compliance risks affect to an organization's need to fulfill government regulations or oversight. These risks are managed by identifying internal decision makers who are responsible for significant regulatory mandates, and then providing them with relevant and reliable information so that they can monitor conditions related to those mandates. Most organizations have a process in place to focus on the core regulatory requirements they face. For example, a paint manufacturer will need to maintain compliance with the regulations of the Occupational Health and Safety Agency to ensure safety of workers and those of the Environmental Protection Agency, particularly relative to emissions and wastewater.

Explain Compliance Risks, Using the Example of a Paint Manufacturing

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