The Committee of Sponsoring Organisations (COSO) outlined six key principles of Enterprise Risk Management (ERM). Identify which of the following is/are included. (Select ALL correct answers). Consideration of risk management in the context of business strategy The creation of a risk aware culture Consideration of a narrow range of risks, mainly financial Risk management is the responsibility of the Risk Committee A comprehensive and holistic approach to risk management
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- The Committee of Sponsoring Organisations (COSO) outlined six key principles of Enterprise Risk Management (ERM). Identify which of the following is/are included. (Select ALL correct answers).
- Consideration of risk management in the context of business strategy
- The creation of a risk aware culture
- Consideration of a narrow range of risks, mainly
financial - Risk management is the responsibility of the Risk Committee
- A comprehensive and holistic approach to risk management
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- Your team is about to introduce and lunch a product never seen before in Barbados, an Ultrasonic Pest Repellent, that repels pests (small insects) while causing no harm to your pets, yourself, or any animals in range. The target market is Prisons, Restaurants, and Government Buildings. 1) In your own word using the below format, state the market objectives your team wishes to attain with the lunch of this new product. Ensure your objective are written clearly and S.M.A.R.T. Fill the below accordingly Specific -___________________________________________________________________ Measurable - ________________________________________________________________ Achievable - _________________________________________________________________ Realistic - ___________________________________________________________________ Time-bound- _________________________________________________________________ ii) Identify any concerns that may affect the completion of the objective.1.Which of the following statements is incorrect about risk and risk management? a.Risk can be classified as either an opportunity or a threat. b.A risk management system can only be as good as the people manning it. c.Risk management should be performed by management accountants only. d.The risk management philosophy must be embedded in the company’s structure and culture. 2.Which of the following is not considered as a key to a successful strategic risk management? a.Top management support b.Covering all known risks in the existing risk management activities c.Updating and educating the board and top management d.Leverage existing resources 3.Which of the following is not considered as a limitation of strategic risk management? a.It requires specialized skills and capabilities in strategy and risk management b.It requires working beyond the silos in risk management c.It requires updating and educating the board and top management d. Strategy, risk assessment, and risk management…Please write a brief SWOT analysis of the article below: Elliott Management Takes Big Stake in Salesforce Activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc., CRM 3.06%increase; green up pointing triangle according to people familiar with the matter, adding to the pressures facing the business-software provider. While details of the campaign couldn’t be learned, Elliott, one of the biggest and most prolific activists, often seeks board representation and pushes for companies to make operational improvements and other changes. “Salesforce is one of the pre-eminent software companies in the world, and having followed the company for nearly two decades, we have developed a deep respect for [Co-Chief Executive] Marc Benioffand what he has built,” Jesse Cohn, managing partner at Elliott, said. “We look forward to working constructively with Salesforce to realize the value befitting a company of its stature,” added Mr. Cohn, who has…
- 1. The business that I will start is a Coffee business.As a result,it aims at solving the problem of- -Quality of coffe bean -Coffee brewed properly -To take it from a common coffee to a global drink -To create acceptance through all age segments -To supply coffee globally that is of quality 2.The product or service -Quality coffee having no match in the industry -Ease of use and less time of preparation -Include variants to suit each ones taste -Build on the benefits of different types of coffees 3.Target market- -Young People -Coffee lovers -Office workers -Foodgram 4.Competitors- -Coffee estate owners -Local coffee manufacturers -Coffee companies as it forms a substitute 5.Promotion -Advertisement from Instagram-Ads -Café’s interior design -10% discounts for first purchase -Special offer on customer’s birthday Based on the business idea above, do the following: How do you increase the interaction and interest of your audience during your time communicate the business idea?1. The business that I will start is a Coffee business.As a result,it aims at solving the problem of- -Quality of coffe bean -Coffee brewed properly -To take it from a common coffee to a global drink -To create acceptance through all age segments -To supply coffee globally that is of quality 2.The product or service -Quality coffee having no match in the industry -Ease of use and less time of preparation -Include variants to suit each ones taste -Build on the benefits of different types of coffees 3.Target market- -Young People -Coffee lovers -Office workers -Foodgram 4.Competitors- -Coffee estate owners -Local coffee manufacturers -Coffee companies as it forms a substitute 5.Promotion -Advertisement from Instagram-Ads -Café’s interior design -10% discounts for first purchase -Special offer on customer’s birthday Based on the business idea above, do the following: a. How do you communicate these business ideas creatively and innovatively to potential investors. Use the core…Analysis of Journal Article: Fergnani, A (2022) Corporate Foresight: A New Frontier for Strategy and Management, Academy of Management Perspectives, Vol.36, No.2 pp.820-844. It is essential that each concept is defined clearly, accurately, and with excellent detail. It may be useful to critique or supplement the work of the core author by referencing the work of other scholars. Q1. Provide a brief definition of each of these concepts and explain why it is significant for corporate strategic management in 500 words. You might find it useful to supplement this with other scholars’ work on these concepts. The article defines and explains the significance of the following key concepts in corporate strategic management: VUCA environment, Corporate Foresight, Resource Based View of the Firm, Dynamic Capabilities Framework, Absorptive Capacity, Environmental Dynamism, Environmental Complexity. Scenario Planning.
- https://www.sweetstudy.com/files/monsanto-agrowingcontroversy-pdf Please read full case study with link above and answer the following questions throughly: NOW, please place yourself in the role of a specific Monsanto Stakeholder (e.g., you are a stockholder, OR you are a customer, OR you are an employee). Consider all that you have read related to stakeholders coupled with Monsanto's Attempts to balance stakeholder interests. Identify at least one of the following issues related to Monsanto's commercial focus: 1. FOOD As a stakeholder, discuss your view of Monsanto's influence on the future of food. You may comment on the anti-trust issues, or you may discuss the potential of a sterile seed, or you may discuss weed/bug resistance. Take a position (playing the role of a stakeholder) and post your concern. Be specific so that your posting reflects your understanding of the issues. 2. HEALTH As a stakeholder, discuss your view of Monsanto's influence on the future of health.…https://www.sweetstudy.com/files/monsanto-agrowingcontroversy-pdf Please read full case study with link above and answer the following questions throughly: NOW, please place yourself in the role of a specific Monsanto Stakeholder (e.g., you are a stockholder, OR you are a customer, OR you are an employee). Consider all that you have read related to stakeholders coupled with Monsanto's Attempts to balance stakeholder interests. Identify at least one of the following issues related to Monsanto's commercial focus: Please write a length answer for question! 1. FOOD As a stakeholder, discuss your view of Monsanto's influence on the future of food. You may comment on the anti-trust issues, or you may discuss the potential of a sterile seed, or you may discuss weed/bug resistance. Take a position (playing the role of a stakeholder) and post your concern. Be specific so that your posting reflects your understanding of the issues. 2. HEALTH As a stakeholder, discuss your view of…Critical Thinking There is increasing concern aboutconsumer privacy on social networking sites such as Facebook. How do you feel about privacy on social networks?Is allowing personal information to be available to others without a user’s specific permission unethical? Shouldthe network owners do more to protect users’ privacy?Should there be greater government regulation or shouldthe sites be free to develop as they want to meet theneeds of users? How much responsibility should users accept in protecting their own private information?
- 1. How should Facebook respond to the 2014 research situation? How could an earlier response have helped the company avoid the 2018 controversies and keep the trust of its users?2. Should the company promise to never again conduct a survey of this sort? Should it go even further andexplicitly ban research intended to manipulate the responses of its users?3. How can Facebook balance the concerns of its users with the necessity of generating revenue throughadvertising?4. What processes or structures should Facebook establish to make sure it does not encounter these issues again?5. Respond in writing to the issues presented in this case by preparing two documents: a communicationstrategy memo and a professional business letter to advertisers.1. What characteristics or benchmarks can be used to assess the business value of a company such as Twitter? 2. Have you used Twitter to communicate with friends or family? What are your thoughts on this service? 3. What are Twitter’s most important assets? 4. Which methods for monetising Twitter’s assets might be most successful? 5. Can Elon Musk, who recently bought Twitter, turn it around and make Twitter profitable? How?Ensure your Word document addresses the following requirements: References. You must use at least two (2) references (in total) to support your responses. Harvard or APA 7th edition referencing method.My selected company is aboitiz power, can you provide the following information additional information needed for business plan : COVER PAGE INTRODUCTION Background of the study on Global Business Management Time Context of the Study Company Profile: Background / History of the Company Company Performance Statement of the Problem Objectives Areas of Consideration ALTERNATIVES AND ANALYSIS (Cite discussion for each alternative course of action; advantages and disadvantages for each course of action) RESULTS AND DISCUSSION CONCLUSION AND RECOMMENDATION You can check the below link for reference. Appendices https://aboitizpower.com https://aboitizpower.com/about-us/ http://edge.pse.com.ph/companyInformation/form.do/ https://www.gurufocus.com/term/wacc/ABZPF/WACC-/Aboitiz-Power-Corp