Problem
The scenario is...you are the chief risk officer for a company, and you've been tasked with identifying the areas where your company is exposed to systematic and unsystematic risks. What approach could you take in explaining how systematic and unsystematic risks affect risk planning?
i. How can you describe your approach?
ii. What are 3 or more systematic or unsystematic risks your company could face?
iii. What are some possible implications if your company decides not to be proactive and plan for these risks?