What statements are true regarding strategic risk management


Problem: Which of the following statements are true regarding strategic risk management? a. Strategic Risk Management involves embedding a risk management philosophy within the culture of the organization. It establishes the risk management process as a value that permeates through the organization. b. Risk management is practiced intuitively by all employees in the organization at all levels. It is integrated throughout the organization and is linked to corporate strategy. c. To achieve strategic risk management philosophy, the risk management process must have champions at high levels of the organization. There also must be adequate training so that employees can become knowledgeable of risk management as well as practice and apply the process. d. All of the above e. None of the above

 

 

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