Why do many erm programs fail in practice
Problem
i. Why is it important to distinguish between risk and uncertainty?ii. What is the role of cultural aspects for the success and value creation of ERM?iii. Why do many ERM programs fail in practice?
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What is the role of cultural aspects for the success and value creation of ERM? Why do many ERM programs fail in practice?
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Analyze how the audit team will compensate for that risk. What governing rules and regulations must be taken into consideration?
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