Reference no: EM133560048

Question 1

This case "Alleged Corruption at Chessfield: Corporate Governance and the Risk Oversight Role of the Board of Directors" by RICHARD LEBLANC addresses one of the major components of an effective ERM program - Board involvement in and oversight of risk management within the company's operations. Without Board support and involvement, the ERM program will not be as effective as it should and must be to allow the company to successfully operate.

If you find other aspects of the case noteworthy, include a discussion of those aspects as well in answering the following questions as the Chief Risk Officer using an APA format of referencing sources.

1. What is your assessment of the situation at Chessfield?

2. What recommendations would you provide to the regulator? The case indicates there are 45 recommendations that could be made. You don't have to come up with all 45. Identify the 3-5 you think are most critical and discuss them.

3. What is your opinion of the governance regulation of Chessfield?

4. Provide you opinion on the broad implications of this case.

Question 2

Amazon has been publicly positioning itself as a force for good in the American economy, touting its record as a leading job creator and its commitment to training and educating its workforce.

After reading the case "Amazon in 2017 by Gupta, Sunil, and Margaret L. Rodriguez, summarize your understanding of the following questions:

1) What business is Amazon in?

2) Who are Amazon's competitors?

3) What is Amazon's competitive advantage?

4) Jeff Bezos has stepped down as the CEO and is pursing space travel and other activities, where do you see the company headed, and us along with it.

Reflect on the quote of Franklin Foer of the Atlantic who said, "Everything that is admirable about Amazon is also something we should fear about it,"