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In chapter 9, the reading covers the ERM approach in Higher Education (HE) environments. While the case study on ERM implementation for the University of Washington (UW), and in chapter 6, we covered the ERM implementation for a for-profit organization.
Explain on how ERM adoption and implementation in the HE and UW specifically environment differs from the for-profit like the case in the LEGO case study. Please cite examples from chapter 9 readings.
1. Explain how ERM adoption and implementation in the HE environments and specifically for the UW differs from the for-profit settings. Explain at least four points or aspects in which the implementing ERM in the two environments differ.
TextBook: Fraser, J., Simkins, B., & Narvaez, K. (2014). Implementing enterprise risk management: Case studies and best practices. John Wiley & Sons
Note: Explanation should be 400-450 words. Include textbook and external references and citation in APA format.
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