The first step in creating an effective enterprise risk management sys

QUESTION

The first step in creating an effective enterprise risk management system is to understand the qualitative distinctions among the types of risks that organizations face.

Select of the following types of risk, identify one or two specific things that could go wrong with this type of risk, and explain the impact they could have on an organization.

Respond substantively to at least two other students posts. Comment with a strategy for dealing with the risks identified in your peers original post.

ANSWER:

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