IN ALL RESPONSES, BE VERY SPECIFIC AND DETAILED!!! Answer all questions!

1. EXPLAIN, FROM YOUR PERSPECTIVE, BEING VERY SPECIFIC, THE "POWER OF THE CROWD" IN THE DECISION MAKING PROCESS WITHIN THE ORGANIZATION. INCLUDE BOTH THE PROS AND THE CONS!

1. IN THE TOPIC - COMMUNICATION DIFFICULTIES AS A MAIN CHALLENGE OF "GROUP WORK." EXPLAIN THE PARADOX IN DEALING WITH THESE ISSUES. HOW WOULD YOU RESOLVE THESE TYPES OF ISSUES, AND WHAT ARE THE POTENTIAL IMPACTS ON THE ORGANIZATION.

1. EXPLAIN THE FOLLOWING: GROUPTHINK; DECISION REGRET; SUNK COST EFFECT; ENDOWMENT EFFECT.

1. WHY (IN DETAIL) IS RISK QUANTIFICATION NECESSARY?

1. WHAT IS REPUTATIONAL RISK? WHY IS THE ENTERPRISE REPUTATION VIEWED AS A VALUABLE ASSET? EXPLAIN THE ISSUES INVOLVING REPUTATIONAL RISK FROM THE ENTERPRISE STANDPOINT AS WELL AS THE STOCKHOLDERS PERSPECTIVE.

1. DISCUSS CORPORATE GOVERNANCE AND REGULATORY COMPLIANCE RISKS.

1. IN DETAIL, DISCUSS YOUR UNDERSTANDING TO ENTERPRISE-WIDE RISK MANAGEMENT, AND YOUR ROLE IN THE OVERALL RISK MANAGEMENT PROCESS.