Starlite Resorts is a 4 star luxury hotel chain headquartered in Honolulu, Hawaii. They also have locations in Malibu, California, Miami Beach and Sea Island, Georgia. The resorts all have 4 star restaurants, swimming pools and beauty spas. They have valet parking, and have vans and limos to pick up guests. They buy bulk products such as beds, mattresses and store them in warehouses that Starlite owns. They have a fleet of trucks to pick up contents in the warehouses and deliver them to the resorts. Starlite owns a Gulfstream jet that the CEO and board members use to travel to the resorts for business meetings. Each resort also has an 18 hole golf course, From the risk management models you have studied in class, please prepare a state of the art risk management program. Please comment on some of the enterprise risk management issues Starlite could face. You must list 15 perils, coverages and recommendations for full credit.

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There are four specific types of risks associated with each business hazard risks financial risks operational risks and strategic risks The ERM proces... View the full answer