Introduction to Business Deneme Sınavı Sorusu #1222600
"Chief Risk Officer..........."
Which of the following most appropriately completes the sentence above?
is the discount rate that makes the NPV of the project equal to zero |
has the highest responsibility for overseeing the centralized risk management function |
is the number of years needed to recover the initial investment outlay |
is the expected benefits of the investment in the form of cash flows |
is usually measured by standard deviation or variance, which is the square of |
Enterprise Risk Management (ERM) is an integrated risk management approach, which considers risks in the context of business strategy and manages them with a portfolio perspective through well-defined risk responsibilities and strong risk monitoring processes. In ERM, there is a senior level position usually called Chief Risk Officer (CRO) who has the highest responsibility for overseeing the centralized risk management function.
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