Effective enterprise risk management system

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Reference no: EM132527861

The first step in creating an effective enterprise risk management system is to understand the qualitative distinctions among the types of risks that organizations face.

Select one of the following types of risk, identify one or two specific things that could go wrong with this type of risk, and explain the impact they could have on an organization.

Market risk

Strategic risk

Compliance risk

Operational risk

Reputational risk

Financial risk

Reference no: EM132527861

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