A risk management program

Reference no: EM131048046

A risk management program must be implemented and periodically monitored to be effective. This step requires the preparation of a risk management policy statement . The cooperation of other departments is also necessary.
a. What benefits can the firm expect to receive from a well-prepared risk management policy statement?
b. Identify several departments within a firm that are especially important in a risk management program.

Reference no: EM131048046

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