What is the most important reason for an organization to use enterprise riskmanagement?

Q: Explain the following in simple words or explanation: Would scenario planning cause the company to…

A: Scenario analysis or scenario planning is defined as the method that describes the strategic…

Q: What is the responsibility of whoever in the context of risk management?

A: Risk management-It is an important management process as it helps to minimize the impact of an event…

Q: What is Competitive Advantage b. What is Competitive Disadvantage c. What is Risk Management and…

A: "Since you have posted multiple questions, we will solve first question for you. If you want any…

Q: Should managers estimate intrinsic values or leave that to outside security analysts?Explain.

A: Intrinsic value of a stock is perceived value of a stock using analysis of book values of the…

Q: How does the financial strength of an organization influence decision making and outcomes

A: An organization decision making is influenced by several internal and external factors. Financial…

Q: How might operating leverage impact a companys decision making process?

A: Decision making process -Decisions must be made on a regular basis by managers to address issues.…

Q: Why must managers be aware of a firm's external environment?

A: The external environment refers to all the factors, forces, and conditions outside an organization…

Q: What is meant by the nature of the company, and why is it important to inherent risk assessment?

A:

Q: How can intranet expansion increase risk to an organization?

A: Organization: Organization refers to the group of organized people with a particular purpose of…

Q: How does the enterprise risk management influence the internal control detective identified?

A: Introduction: Control is a managerial function that aids in measuring actual performance by…

Q: Why does the high cost of the system negatively impact the organization's bottom line?

A: The question is based on the concept of bottom line of a company and its relationship with high cost

Q: What is sensitivity analysis? Why is it important for managers?

A: Sensitivity analysis:  This is a technique that is used for measuring and examining the reason used…

Q: How corporate governance and value based management relate to each other

A: Corporate governance is an important action which is used in different companies. It states the…

Q: Describe how Enterprise Risk Management adds more value to an organization than Silo Risk…

A: The act of discovering, assessing, and controlling threats to an organization's capital and revenues…

Q: What is Return On Investment? Analyze the use of ROI and the impact that it has within an…

A: Return on investment (ROI) is a metric that evaluates the success of an investment by comparing the…

Q: What can be done by a business to mitigate: Execution risk Technology risk Reputation risk…

A: Risk management  Risk management is the identification, evaluation, and prioritization of risks…

Q: List and explain some reasons companies might employ riskmanagement techniques.

A: Risk management techniques are used to reduce or manage the risk faced by the business. It helps the…

Q: Examine the main problems in risk management. Discussion What role does risk management play in…

A: Risk Management refers to the practice of dealing with uncertainty from the investment decisions…

Q: Why risk management process is essential

A: Risk management:- Risk management is the method of planning, organizing, directing, and dominant the…

Q: What management levels are more likely to deal with unstructured problems? With structured problems?…

A:

Q: Provide one example of the following stakeholder groups possible response to risk: Employees…

A: The stakeholders are all such entities who will be impacted by operations of company and they are…

Q: Why do companies need internal control?

A: A company id defined as the legal form of business organization, which is incorporated by group of…