A risk profile was created and individual risks were assessed based on the likelihood and impact.
Question 1: In Chapter 22, JAA Inc. faced various risks that affected the operations and profitability of the company. In response to that, the company engaged in risk evaluation process where gaps in risks management were identified. A risk profile was created and individual risks were assessed based on the likelihood and impact. The company derived a risk attitude to respond to potential risks and created response plans to address uncertainties. To what extent would past experience of people in charge of ERM development impact the company’s risk attitude? If we assume that past experiences are context-specific, how can an enterprise leverage such experiences to effectively manage its ERM?
To complete this assignment, you must do the following:
Create a new thread. As indicated above, explain as what extent would past experience of people in charge of ERM development impact the company’s risk attitude? If we assume that past experiences are context-specific, how can an enterprise leverage such experiences to effectively manage its ERM?
Proper APA formatting
Strictly No plagiarism
400 words
Question 2:
B) Select AT LEAST 2 other students’ threads and post substantive comments on those threads, evaluating the pros and cons of that student’s recommendations. Your comments should extend the conversation started with the thread.
– Each post should be between 85-115 words
ALL original posts and comments must be substantive.
I will share the posts soon
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APA
268 words