Describe the concepts of financial, market, and operational risk.
•What are the implications of these concepts in traditional risk management and how do they compare to the ERM concepts of internal controls, strategic planning, and operational management?
•Consider an organization at which you are currently working or have worked or volunteered for in the past. Does the organization take a traditional or an ERM approach to risk management and why?

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Describe the concepts of financial, market, and operational risk.
•What are the implications of these concepts in traditional risk management and how do they compare to the ERM concepts of internal controls, strategic planning, and operational management?
•Consider an organization at which you are currently working or have worked or volunteered for in the past. Does the organization take a traditional or an ERM approach to risk management and why?

Leave a Reply

Your email address will not be published. Required fields are marked *