Discussion Post: Systematic and Unsystematic Risk
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.
Respond to the following in a minimum of 175 words:
a) Based on the information you learned, what approach would you take in explaining how systematic and unsystematic risks affect risk planning?
b) Describe your approach.
c) Name 3 or more systematic or unsystematic risks your company might face.
d) Think of some implications if your company decides not to be proactive and plan for these risks.
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.