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Special risk management issues

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Special risk management issues with Blue Wood Chocolates, and it presents various financial risks at Kilgore Custom Milling. If Blue Wood Chocolate and Kilgore Custom Milling are to develop a risk management framework, who should lead the process at each company? Should a Chief Risk Officer (CRO) be appointed? If so, to whom should he/she report and have access to? How could smaller companies without the resources for a dedicated CRO deal with ERM? What is the role for the board in such a process?

 

 

Reference no: EM132609918

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Special risk management issues : Special risk management issues with Blue Wood Chocolates, and it presents various financial risks at Kilgore Custom Milling.
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