| Regulatory Risk ΟμάδαΕπιχειρημάτων1 #402895 Risk which may be realized or threats which occur cause a crisis and many regulations exist with penalties such as cancelling a certification for quality management in one regulatory penalty.
A cancelled or not being renewed in your quality management certification prevents your organization from doing business with your government customers. A financial risk would also result from the cancellation or not having your certificate renewed.
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