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ou have been asked to give a presentation to a board of directors about the implementation of an ERM in the company. You realize you may be faced with resistance due to their lack of understanding of the benefits of an effective ERM program. One obstacle may be the possibility of not being able to show a return on investment. Identify three other obstacles that may stand in the way of getting approval from the board for the implementation.

ou have been asked to give a presentation to a board of directors about the implementation of an ERM in the company. You realize you may be faced with resistance due to their lack of understanding of the benefits of an effective ERM program. One obstacle may be the possibility of not being able to show a return on investment. Identify three other obstacles that may stand in the way of getting approval from the board for the implementation.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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#4. You have been asked to give a presentation to a board of directors about the implementation of an ERM in the company. You realize you may be faced with resistance due to their lack of understanding of the benefits of an effective ERM program. One obstacle may be the possibility of not being able to show a return on investment. Identify three other obstacles that may stand in the way of getting approval from the board for the implementation. 

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