Enterprise Risk Management (ERM) incorporates four key
attributes:
<span>1.
</span>Comprehensive Assessment
This key driver emphasizes that all risks
should be equally taken into consideration.
<span>2.
</span>Consistent Evaluation
All risks must be criticized on a
consistent basis to efficiently identify the risks across the entire
enterprise.
<span>3.
</span>Consistent Risk Appetite
It maximizes risk-adjusted shareholder
value that is applied to all decisions. It highlights the capability of the whole
organization(versus individual component) to deal with the risks.
<span>4.
</span>Value-Driven
The organization must be united with the same
objective of risk management--shifting the risk-return profile of the business
toward greater upside.
Answer:
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Explanation:
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