Select Chapter 12 OR Chapter 20 and answer all of the questi
Select Chapter 12 OR Chapter 20 and answer all of the questions listed for the chapter you selected.Length: 400-600 words totalChapter 12Do not limit your discussion of the topics to the textbook. Use outside sources for examples.Explain how Key Risk Indicators assist companies in identifying emerging risks. Select a company other than Intuit and provide examples of how KRIs would be useful.Explain how Key Performance Indicators help companies to manage existing risks. Select a company other than Intuit and identify at least three KPIs unique to their business. Explain how the KPIs can assist the company in managing risks specifically related to their company/industry.What is the effect of not measuring performance of an ERM program on the overall quality of the program?How can the Board of Directors be confident in the information reported on management’s progress in responding to significant risks?OR -Chapter 20 Implementing Risk Management within Middle Eastern Oil1. Identify and discuss at least three of the challenges the newly formed risk management team faced.2. Select one of the divisions (IT, Legal, Project Management or Environmental) and explain how that department can interact with and support the risk management team to help manage risks identified with that department.3. What were some of the challenges of the data gathering process used for the Corporate Risk Exercise used in 2010/2011?4. Using the case study information (Exhibits 20.9, 20.10, 20.11, and 20.12), provide a list of at least 10 potential corporate risks that might have been identified by the project team. In your opinion, identify the three most important risks that should be addressed and explain your reasons for selecting each risk.
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