as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what is the significance of risk profiles in erm?
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risk profiles provide a composite view of the risk at various levels of the organization or aspects of the business model, helping management understand the type, severity, and interdependencies of risks and their potential effect on performance.
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