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ENRM7312w – Enterprise Risk Management Assignment Answers

Question 1 (Marks: 15) Distinguish between the following concepts in risk: (Hint: Use examples where applicable) Q.1.1.1 Micro and macro risk identification Q.1.1.2 A peril and a hazard Q.1.1.3 Priori probabilities and subjective probabilities Q1.2 Principle two of King I report states that the board of directors and managers should ensure that through a managed and effective process, board appointments are made that provide a […]

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