Question: In chapter 4, why is it important to have the ERM encompassed wholly by executive management and the board of directors? Question 16 options: A)

In chapter 4, why is it important to have the ERM encompassed wholly by executive management and the board of directors? Question 16 options: A) To ensure overall structure to the importance of ERM B) To enable centrally risk decision support by those individuals dealing with the overall company picture C) The ERM system is a core value of Statoil's decision process tree in all aspects of the organization D) Widely communicated internally ERM solutions have been conveyed by all levels of management to every person in the company E) All of the above

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