Risk management program should be intertwined with organizational strategy.

Q: Define the term Enterprise Risk Management.

A: Enterprise Risk Management (ERM) is a business plan designed to recognize, evaluate, and organize…

Q: For an enterprise wide risk management program to be most effective, it should be led by which of…

A: Risk management program An organization's structured procedure for identifying, evaluating, and…

Q: Describe a situation in risk management that involves ethical aswell as financial issues.

A: Ethical issue: the risk that arrives due to not following the code of conduct as prescribed by the…

Q: A__________________ is one that is prepared with the full cooperation and participation of managers…

A: Budget: Budget is an effective tool to achieve the financial and operational goals of the business.…

Q: Define goal congruence, and explain why it is important to an organization’s success.

A: Managerial accounting: Managerial accounting is a system, or a process of collecting and organizing,…

Q: Information about a company’s objectives, strategies, and signifi cant risks would mostlikely be…

A: The purpose of management commentary is to provide the users with various kinds of information which…

Q: Internal controls are grouped into the following categories: Efficient operations, financial…

A: Internal controls are implemented to prevent fraud in the organization. These are the rules or…

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: How does the external analysis affect other components of the strategic management process?

A: Setting objectives, examining the competitive environment, studying the internal organization,…

Q: Which of the following is an element of the Oa. Risk assessment plans Ob. Managements' operating…

A: The right answer is b Management's operating styles

Q: Define enterprise risk management.

A: It is basically a strategy that helps businesses to find out the potential various type of risks…

Q: Explain the equation HxP=R Name each component      What is the significance of each component? How…

A: Since more three sub parts are posted at a time, the answer for first three sub-parts is only…

Q: taining in

A: Managerial Responsibilities entail being in charge of the overall management of a work unit (or…

Q: external strategic management audit, industry analysis is better than environmental scanning.…

A: External strategic management audit refers to the detection and assessment of patterns and…

Q: grity of information. policies, plans, procedures, law ssets. efficiency of onerations

A: Segregation of duties is an internal control measure. It refers to the division of duties among more…

Q: Discuss and explain the sub-processes of risk management

A: Risk management refers to those processes and steps which a finance manager undertakes to reduce the…

Q: Because a mission statement is an essential part of building a company strategy.

A: This question explains about an essential part of building a company strategy.

Q: Looking at the COSO framework for Enterprise Risk Management, you will notice that this is present…

A: The answer for the multiple choice question and relevant explanation are presented hereunder : What…

Q: Which of the following element is part of the controlling function? O a. Coordinating the functions…

A:

Q: risk management ideas, common reaction strategies, and IT system recovery issues

A: Some of the important risk management ideas are listed below: Keep an eye on changes in your…

Q: That event of management's desired objectives is an example of:

A: Efficiency: Efficiency is the ability to accomplish the result with the usage of the least amount of…

Q: g? and How it apply to the company?

A: Strategic systems auditing involves the auditing team gaining high-level knowledge of the business,…

Q: The basic components of an organization's internal control are:                 Select one: a.…

A: Internal control is a system of organizing the company in which a set of rules, policies, and…

Q: Discuss the objectives of the risk management process. Why should you follow a regimented and well…

A: Risk management is a strategy for preventing and controlling dangers to a company's operations. It…

Q: define the characteristics of an organized structure   which are the most relevant features for an…

A: Organizational Structure:   Organizational structure refers to the manner in which activities such…

Q: What is strategic management.

A: For organisation to achieve its goal by making proper decisions , anticipating changes and directing…

Q: Describe some of the risks events within the following major categories of risk: (1) strategy…

A: Risk events are the uncertain and unfortunate events that take place inside an organization due to…

Q: A program refers to a collection of projects or programs and other work that are grouped together to…

A: The questions are multiple choice questions. The question is related to Program , Project and…

Q: Relationship between Corporate Governance and Risk Management

A: Risk-taking motivates companies to step forward to produce substantial gains. Profitability leaves…

Q: The entrepreneur performs supervisory roles that requires intelligence, knowledge, ... and ..

A: Ans. An entrepreneur performs lots of supervisory functions to carry out its objectives.

Q: Foster the planning of operations, provide a framework for performance evaluation, and promote…

A:

Q: what is Strategic Systems Auditing and how it apply to the company?

A: Strategic System Auditing While adopting the strategic system auditing procedures which helps to the…

Q: When ,___________________________ managers mobilize people to carry out plans and run…

A: Managerial Accounting:  Managerial accounting refers to the internal accounting system that gives…

Q: one of the components of internal control is the control activities;which are the policies and…

A: Control activities- These are the rules and processes that assist management in attaining its…

Q: What is the organizational culture at SSS?

A: It is the responsibility of the state to establish and promote viable and correct tax system…

Q: hat are the primary tasks and Education, Training, & Certification, the primary industries of a risk…

A: Risk management is a broadly applicable business concept that is widely recognized as vital to an…

Q: keholders determine what are viable sources of information regarding organizational effectiveness…

A: Step 1 The efficiency with which an organization can fulfill its objectives can be defined as…

Q: One of the Components of Internal Control is the control activities; which are the policies and…

A: Control activities- These are the rules and processes that assist management in attaining its…

Q: Management is to forecast, to plan, to organize, to direct, to coordinate & to command other…

A: Answer

Q: Why risk management process is essential

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

Q: What are two examples of the types of management issues that can be addressed by cvp analysis?

A: CVP or Cost-volume-profit analysis is a cost accounting method of analysing the effect of cost and…

Q: Discuss management responsibilities.

A:

Q: recommended actions on how to address: Execution risk Strategic risk Reputation risk Process…

A: Financial risk refers to a variety of risks related with funding, such as financial transactions…