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Tanya [424]
3 years ago
9

1. Do you believe that ERM will continue to evolve, and if so, how? 2. Do believe that risk is a two-sided coin with both upside

gains and downside losses? 3. How is value measured in your organization and do you believe the ERM process can add new value? 4. Besides risk maps and value maps, what other tools and techniques are available to manage risk and make risk-informed decisions?
Business
1 answer:
gulaghasi [49]3 years ago
8 0

Answer:

Explanation:

1. Yes, I believe that ERM will continue to evolve as long as the world is evolving. In the course of recent decades, ERM has advanced from ideas and vision of how the risks ought to be routed to a technique that is getting to be dug in the present day and is currently progressively expected by those in oversight roles. As Felix Kloman depicts in his section “A Brief History of Risk Management,” distributed in Fraser and Simkins (2010), a considerable lot of the ideas return an exceptionally prolonged stretch of time and a significant number of the purported newfound procedures can be referenced to the previous works and practices portrayed by Kloman. In any case, it is just from around the mid-1990s that the idea of giving a name to overseeing dangers in an all-encompassing manner over the many working storehouses of an endeavor began to grab hold. During the 1990s, terms, for example, incorporated risk the executives and enterprise wide chance administration were likewise utilized. Many idea pioneers, for instance, the individuals who made ISO 31000, accept that the term risk the executives is all that is expected to portray great risk the board; in any case, numerous others accept that the last term is regularly used to depict chance administration at the lower dimensions of the association and does not really catch the ideas of big business level ways to deal with risk. As ERM keeps on developing there is still much exchange and perplexity over precisely what it is and how it ought to be accomplished. Realize that it is as yet advancing and may take a lot more years before it is completely systematized and polished in a reliable manner. Truth be told, there is a grave peril now of accepting that there is just a single method for doing ERM. This is most likely an error by controllers who have too anxiously held onto a portion of these ideas and are attempting to force them when the strategies are not completely comprehended, and now and again the necessities are probably not going to deliver the ideal outcomes.

2. Indeed. The connection among return and risk resembles the different sides of a coin: the upside to a cave man of effectively chasing a mammoth is that he may nourish his family for a month (i.e., the arrival), or he may get trampled by his potential prey (i.e., the risk). He could choose to concentrate on getting hares rather (i.e., littler returns), with impressively diminished danger of getting destroyed by such a prey. The higher the arrival, the more noteworthy the risk, while lower returns accompany less risk in a continuum that money hypothesis names as the proficient boondocks. There might be an intriguing parallel with going out on a limb, basic leadership, guideline and the financial framework. The primary role of a bank, one could contend, is risk intermediation. Pre-emergency, stacking up with risk (and influence) was “something to be thankful for” that produced out-sized returns for banks, investors and obviously for the financiers themselves. Guideline presently shapes practically every part of movement in a bank. While at the extreme as a division, brokers are conviction not the only one in confronting developing examination.

3. Most companies focus around high metrics that measure advance toward accomplishing an company’s vision, mission, and values. Likewise, we need to make sure to quantify the significant results of long-term company achievement instead of just estimating what is anything but difficult to gauge. Our measures ought to have the option to be evaluated as far as quantity, quality, time, and cost. They likewise place that there are 4 basic key achievement measures and one aux measure that are all of incredible worth. The 4 fundamental key measures are: 1. Financial viability. Ex: profits. 2. Customer fulfillment. Ex: performance on consumer loyalty overviews. 3. Employee fulfillment. Ex: performance on employee fulfillment overviews. 4. Contribution to society. Ex: number of trees spared by creating paperless procedures. The one aux measure is: 5) Key operational outcomes. Ec: percent of hotel rooms were occupied.

4. The Risk Informed Decision making can be expanded in to sequence of six process steps.1. Identification of Alternatives: Understanding the stakeholder expectations and derive the performance measures Compile the feasible alternatives2. Risk Analysis of Alternatives Set the Framework and Choose the Analysis Methodologies Conduct the Risk Analysis and Document the Results3. Risk-Informed Alternative Selection Develop Risk-Normalized Performance Commitments Deliberate, Select an Alternative, and document the decision rationalesUsing risk to inform decisions involves three distinct components . These components, each having their own purpose and function, are: Risk analysis Risk assessment Risk management The tools and techniques used for managing and make RIDM.

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The raw materials or reactants of the photosynthetic process include
Firdavs [7]
<h3><u>Full Question:</u></h3>

The raw materials or reactants of the photosynthetic process include

A. glucose and oxygen.

B. carbon dioxide and glucose.

C. carbon dioxide and water.

D. carbon dioxide and oxygen.

The raw materials or reactants of the photosynthetic process include carbon dioxide and water.

<h3><u>Explanation:</u></h3>

The process by which the light energy obtained from the sun is converted into chemical energy is photosynthesis. This process takes place in all plants having chloroplast pigments. The raw materials of this process is water and carbon dioxide.  

In the photosynthesis process water, carbon dioxide and minerals will be converted into oxygen and some organic compounds that are filled with energy. This acts as an energy source for the plants to survive. This process will not be possible in the absence of the chloroplast pigment.

3 0
3 years ago
Whitman has a direct labor standard of 2 hours per unit of output. Each employee has a standard wage rate of $26.50 per hour. Du
g100num [7]

Answer:

$137,800

Explanation:

A flexible budget uses the standard hour and costs adjusted to Actual level of output

thus

Flexible budget amount for direct labor = 2 x 2,600 units x $26.50 = $137,800

6 0
3 years ago
Terry took out a mortgage loan for $100,000 at an interest rate of 11.5% for 30 years. if terry had not had a bankruptcy on her
Mrrafil [7]

Because Terry had a bankruptcy on her credit report, the additional amount of interest that Terry is paying over the life of the loan is <u>$167,839.720</u>.

<h3>What is interest?</h3>

Interest is the finance charge for a loan or mortgage.

It is calculated on the principal amount based on the agreed rate and maturity period of the loan.

We can compute the interest using an online finance calculator as below.

<h3>Data and Calculations:</h3>

Home Price= $100,000

Down Payment = 0%

Loan Term = 30 years

Interest Rate = 11.5%

Monthly Payment:   $990.29

Normal monthly payment (without a bankruptcy) = $524.07

Total of 360 Mortgage Payments = $356,504.92 ($990.29 x 30 x 12)

Total of 360 Mortgage Payaments without bankruptcy = $188,665.20 ($524.07 x 30 x 12)

Additional payment in interest = $167,839.720 ($356,504.92 - $188,665.20)

Thus, the additional amount of interest that Terry is paying over the life of the loan is $167,839.720.

Learn more about interest calculations at brainly.com/question/25545513

#SPJ4

4 0
2 years ago
risk is the risk of a decline in a bond's value due to an increase in interest rates. This risk is higher on bonds that have lon
Ilya [14]

Answer:

Price Risk, Reinvestment Risk, Investment Horizon and Longer maturity Bond.

Explanation:

  • Price risk is the risk of a decline in a bond's value due to an increase in interest rates. This risk is higher on bonds that have long maturities than on bonds that will mature in the near future.
  • Reinvestment risk is the risk that a decline in interest rates will lead to a decline in income from a bond portfolio. This risk is obviously high on callable bonds. It is also high on short-term bonds because the shorter the bond's maturity, the fewer the years before the relatively high old-coupon bonds will be replaced with new low-coupon issues.
  • Which type of risk is more relevant to an investor depends on the investor's investment horizon, which is the period of time an investor plans to hold a particular investment.
  • Longer maturity bonds have high price risk but low reinvestment risk, while higher coupon bonds have a higher level of reinvestment risk and a lower level of price risk.
8 0
3 years ago
The management of Metro Printers is considering a proposal to replace some existing equip- ment with a new highly efficient lase
Veseljchak [2.6K]

Answer:

Net present value of proposal $168,166

Explanation:

Check attachment

3 0
3 years ago
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