(answered) – Refer to the article in Topic 3 / Traditional Risk Management
Refer to the article in Topic 3 / Traditional Risk Management “Toyota to Halt Production After Explosion at Steel Factory”.
a) From Enterprise Risk Management perspective, identify and briefly discuss two types of Enterprise Risk Management (ERM).
b) From each risk you identify, indicate if it is a pure or speculative risk.Justify your answer in both cases.
c) For each risk you identify, indicate if this risk is diversifiable or non-diversifiable. Justify your answers in both cases
Types of Enterprise Risk Management
There are various forms of risk and also the risk management relates to their particular
well-timed identification, review in addition to suitable dealing with….