Class Discussion Week $2$

Due February $2,202411$:$59$ PM

Instructions

A risk management program must be implemented and periodically monitored to be effective. This step requires the preparation of a risk management poliey statement. The cooperation of other departments is necessary. Chapter $3$ page $65$

a$)$ What benofits can the firm cxpect to receive from a well$-$prepared riste management polloy statement?

b$)$ Identify several dopastments within a firm that are especially inpertant in a risk management program.