Computer Science
University of the Cumberlands Chapter 27 Enterprise Risk Management Paper

University of the Cumberlands

Question Description

I need an explanation for this Computer Science question to help me study.

Please review Chapter 27: Nerds Galore Case and provide response for following questions.

1. This is a relatively brief case study; yet the problems faced are quite complex. In your workshop, how did you handle uncertainty in the information you have been given and how does this translate into real-world workshops where not all the answers can necessarily be given at the table?
2. What were some of the risk sources that emerged repeatedly in evaluating the risks? How is this helpful?
3. How would this risk assessment aid in the decision on whether or not to proceed with the new HR strategy?

You are required to respond to the questions thoroughly, in 250 -to-300 words for each question. Be sure to include at least three reference sources. APA rules for formatting, quoting, paraphrasing, citing, and listing of sources are to be followed.

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Final Answer

Hey😜 See attached. Let me know if you need any revision or edits😃

Running Head: ENTERPRISE RISK MANAGEMENT
1

Enterprise Risk Management
Name
Institution
Course Code

ENTERPRISE RISK MANAGEMENT

2

Question one.
The primary mission of ERM is to make sure that in a vastly uncertain environment,
the anticipated results of the entire organization are made most probable, and attained by
actively tackling diverse outcomes that result from combining strategic risks and unknowns.
My workshop's approach to ERM is different from others because it is established on the
concept that considerable uncertainty of the future has an influence on the corporate
operations and strategies and should be keenly considered. It takes a holistic and systematic
approach to handle uncertainty, evade experiences that previously impacted the organization,
and handle situations that generate risks.
There are massive and growing narratives on psychological concerns related to the
processing of information uncertainty and diverse ways of conveying user-detailed
probability and additional information uncertainty. Interpretation and use of information
uncertainty relate mostly to the end-user. The best way my workshop handles information
uncertainty is by incorporating the uncertainty in the ERM decision making process. Also,
my workshop decision-makers evaluate the uncertainty by looking into several sources of
dat...

Dr_ConnorK (2667)
UCLA

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