Who at all levels are responsible for assessment of areas of risk.?

At all levels, responsibility for the assessment of areas of risk typically falls to a combination of stakeholders, including executive leadership, risk management teams, departmental managers, and employees. Executives set the tone and framework for risk management, while risk management teams develop strategies and tools for assessment. Departmental managers are responsible for identifying risks specific to their areas, and employees contribute by recognizing and reporting potential risks. Together, this collaborative approach ensures a comprehensive assessment of risks across the organization.