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Essay's paper info
Topic: |
Business
|
Number of pages / Number of words: |
24 / 6661 |
Essay's paper body
(July 2004)
Enterprise risk management (ERM) has captured the attention of risk management professionals and academics worldwide. Unlike the traditional "silo based" approach to corporate risk management, ERM enables firms to benefit from an integrated approach to managing risk that shifts the focus of the risk management function from primarily defensive to increasingly offensive and
Strategic...
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Currency fluctuations, human resources in foreign countries, evaporating distribution channels, corporate governance, and unprecedented dependence on technology are just a few of the new risks businesses must assess. Many organizations are choosing to implement an Enterprise Risk Management process to ensure that a uniform approach to risk identification, measurement and treatment is utilized across the organization...
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