Question: Enterprise risk management (ERM) programs differ from traditional risk management programs in all of the following ways EXCEPT Group of answer choices ERM views risk

Enterprise risk management (ERM) programs differ from traditional risk management programs in all of the following ways EXCEPT

Group of answer choices

ERM views risk from a portfolio perspective rather than viewing risks in isolation.

ERM encompasses all exposures to risk rather than property, liability, and personnel-related risks only.

ERM evaluates risks relative to the internal environment only rather than considering both the internal and external environment.

ERM embeds risk management throughout the organization rather than limiting risk management to a few areas of the business.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!