Enterprise Risk Management $($ERM$)$ is a comprehensive and systematic approach used by organizations to identify, assess, prioritize, and manage risks that may impact the achievement of their objectives. It involves a coordinated effort across the entire organization to understand and address risks in a proactive and integrated manner. ERM begins with the identification of potential risks that could affect the organization's ability to achieve its strategic objectives. Risks can arise from various sourPurpose:

The purpose of this assignment is to establish the global risk categories that are appropriate with a case study, as mentioned in question $(1),$ to improve the skills of students to evaluate and quantify the identified risks.ces, including internal processes, external factors, strategic decisions, and regulatory changes.

a$.$ Conduct a Strengths, Weaknesses, Opportunities, and Threats $($SWOT$)$ analysis for the mentioned case study and thoroughly discuss each criteria of SWOT elements.