2024/2025
Creating VALUE - ANSWERSCPER
Creation
Preservation
Erosion
Realization
Mission, Vision and Core Values - ANSWERSMission - why
Vision - what
Core Values - How
Enterprise Risk Management (ERM) - ANSWERSCCPIS
Culture
Capabilities
Practices
Integrated with Strategy-Setting and Performance
Risk Appetite - ANSWERSRepresents the types and amounts of risk that an organization is willing to
accept in pursuit of value
- A range, rather than a specific value and provides GUIDANCE on practices
Relationship between Value and Risk Appetite - ANSWERSDirectly related
Risk Assumed - IV
Expected Return - DV
Components of ERM - ANSWERSGOPRO