Chapter 18 presented special risk management

Chapter 18 presented special risk management

Chapter 18 presented special risk management issues with Blue Wood Chocolates, and chapter 19 presented various financial risks at Kilgore Custom Milling. If Blue Wood Chocolate and Kilgore Custom Milling are to develop a risk management framework, who should lead the process at each company? Should a Chief Risk Officer (CRO) be appointed? If so, to whom should he/she report and have access to? How could smaller companies without the resources for a dedicated CRO deal with ERM? What is the role for the board in such a process?

Requirements:

Provide a minimum of 3 references

Proper APA Format (References & Citations)/Must be original.

Please use the below link for chapter 18 and 19 and please met all the requirements.

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Special Risk Management

Chapter 18 of the text delved into a case study of Blue Wood Chocolates which is facing special risk management issues that threaten to affect the success of its operations. The company has turned in satisfactory performance in the last period; however, such results have been due to lack and not due to a great design of risk management.

(743 words)