Question: List and explain a four (4) step Risk Management Framework that is applicable to the GORDON FOOD SERVICES. The four (4) components of the Enterprise

List and explain a four (4) step Risk Management Framework that is applicable to the GORDON FOOD SERVICES.

The four (4) components of the Enterprise Risk Management Framework Model are:

  • Lead and establish accountability
  • Align and integrate
  • Allocate resources
  • Communicate and report

The five (5) major steps in the Enterprise Risk Management Process are:

1. Scan environment 2. Identify risks 3. Analyze risks 4. Treat risks 5. Monitor and assure

https://www.gfs.com/sites/gfs.com/files/2016-US-Stewardship-Report.pdf https://www.gfs.ca/en-ca/ideas/emergency-preparedness-starts-planning https://www.gfs.com/en-us/faq

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