Question: What should be. Taking into account the three main RM standards, which standard would seem to be more suitable for an organization like Vodafone (regardless

What should be. Taking into account the three main RM standards, which standard would seem to be more suitable for an organization like Vodafone (regardless of what the enterprise has chosen)?

What it seems to be. Going to what the enterprise has chosen, describe whether the risk policy plan of Vodafone is built on or is relevant (partly or totally) with any of these standards in general. Briefly discuss the compliance according to the main characteristics of the structure of each model as described in study notes or literature. At this point do not fit texts from the policy plan to the detailed components (i.e. all ISO's principles, framework components and process steps or COSO ERM's principles) of the standard.

What it is. Present the main structure of ISO 31000:2018 and COSO ERM and briefly discuss in which points Vodafone's risk policy complies (with short reference to the Annual Report text). At this point you have to fit texts (quote, screenshot or describe) from the policy plan to the detailed components (i.e. all ISO's principles, framework components and process steps or COSO ERM's principles) of the standards.

What is missing. Identify the points of the standards that are not covered (i.e. no relevance appears) in the content of the Annual Report.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!