Question: A) Create a new thread. As indicated above, if Blue Wood Chocolate and Kilgore Custom Milling are to develop a risk management framework, who should

A) Create a new thread. As indicated above, if Blue Wood Chocolate and Kilgore Custom Milling are to develop a risk management framework, who should lead the process at each company? Should a Chief Risk Officer (CRO) be appointed? If so, to whom should he/she report to? How could smaller companies without the resources for a dedicated CRO deal with ERM?

B) Select AT LEAST 2 other students' threads and post substantive comments on those threads, evaluating the pros and cons of that student’s recommendations. Your comments should extend the conversation started with the thread.

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In most small businesses the management that has implemented CRO of the organization tends to make decisions concerning business expansion and product... View full answer

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