65 656
Assignments Done
99,2%
Successfully Done
In October 2018

Answer to Question #65755 in Finance for Abdul

Question #65755
Discuss the requisite skills set to provide effective risk oversight.
Expert's answer
The board has a responsibility to take the necessary steps to assure that it has a proactive and dynamic approach that results in the effective oversight of risk management. The board should oversee the way that the risk management process recognizes, prioritizes and effectively mitigates and responds to risk. The board should not only be attentive to negative events, but also to events that may bring opportunities to the organization.

Reference:
https://erm.ncsu.edu/library/article/effective-risk-oversight

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions