ERM Case Study

Company X$,$ a multinational corporation operating in various industries, has implemented Enterprise Risk Management $($ERM$)$ strategies to navigate economic uncertainty and mitigate potential risks effectively. Company X operates in sectors such as manufacturing, retail, and technology, with a global footprint. The company encountered challenges due to economic volatility, including fluctuating demand, supply chain disruptions, and currency fluctuations. To safeguard its business operations and ensure resilience during uncertain economic conditions, Company X plans to adopt a proactive approach to ERM for the company$$s survival.

As a Risk Analyst, you are required to propose the guideline for the risk assessment in the mentioned case study. The contents of your discussion must fulfill the criteria as follows:

c$.$ Discuss the process of the risk assessment with detailed calculations and measurements.