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What Does Governance, Risk Management and Compliance – GRC Mean?

April 26, 2017compliance Governance GRC mean risk management

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What Does Governance, Risk Management and Compliance – GRC Mean?

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An integrated approach used by corporations to act in accordance with the guidelines set for each category. Governance, risk management and compliance (GRC) is not a single activity, but rather a firm-wide approach to acheiving high standards in all three overlapping categories.