Risk management for small and medium companies

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Reference no: EM1342488

Risk Management for Small and Medium Companies

Small to Medium Companies

Equipped with the basic foundation to create a risk management program for a small- to medium-sized manufacturing company, what would you recommend to the leadership of the organization who has asked for your input to choose among these three choices:

- Establish a skeletal program and build on it.

- Commit a significant investment to creating and implementing a comprehensive risk management program.

- Keep doing what you are doing and accept the losses as they come, as you have in the past.

Describe your choice and justify your recommendation.

Reference no: EM1342488

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