Analyze the benefits of risk management.
Refer to this week’s readings in Fundamentals of Enterprise Risk Management to answer the following questions:
According to the text, what are the four reasons that often drive the need to implement ERM? Briefly describe each one.
Using the brief Jetblue case study in the text, which of the above four reasons should have driven them to improve their approach to risk? Be specific and support your answer.
Referring to the GM case study, which of the above four reasons did they fail to consider that led them into the situation they now faced? Be specific and support your answer.
According to the text, ERM has contributed seven factors to better manage risk. Briefly describe each one and how it brings value to the risk management effort.
Submit your 2- to 4-page paper (not including the title and reference pages). Be sure to adhere to APA guidelines
