Prepare a response in which you examine at least three new trends and developments in risk management. Additionally, examine future challenges to risk management strategies. Be sure to address the following:

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Prepare a response in which you examine at least three new trends and developments in risk management. Additionally, examine future challenges to risk management strategies. Be sure to address the following:

Prepare a response in which you examine at least three new trends and developments in risk management. Additionally, examine future challenges to risk management strategies. Be sure to address the following:

1. Summarize each trend, development, and challenge
2. Discuss the significance of each (pros and cons)
3. Discuss the implications of each in the business environment

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