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International Risk Management involves identifying, assessing, and prioritizing risks that may arise in the operations of multinational companies or organizations. This process includes analyzing potential threats to an organization's finances, reputation, and overall success on a global scale. Strategies are then developed to mitigate these risks and minimize their impact on the organization's objectives and stakeholders. Key areas of focus in international risk management may include political instability, economic fluctuations, natural disasters, cybersecurity threats, and compliance with international regulations.