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
standard deviation


Yanıt Açıklaması:

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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