Problem: Enterprise Rick Management book by James Lam .
1. (From Module 1) Conduct a survey of at least five people in your organization. The five people (preferably more) should be from different departments of your organization and preferably at different levels of seniority. Record the responses to the following questions. (Be sure to thank your colleagues and acquaintances for their cooperation.) Before asking your colleagues, record your own answers to this question. Discuss your findings.
Questions:
a. What is your definition of risk?
b. What is your definition of risk management?
c. Do you know what the risk policy, or risk statement or risk appetite of your organization is? If so please cite it to the best of your understanding
Do you believe that risk is an important part of the competitive strategy of your organization? Briefly explain why or why not.