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Special Risk Management.

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Computer Science
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California State University Los Angeles
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Running head: SPECIAL RISK MANAGEMENT Special Risk Management Student’s Name Institutional Affiliation 1 SPECIAL RISK MANAGEMENT 2 Special Risk Management Introduction Chapter 18 of the text delved into a case study of Blue Wood Chocolates which is facing special risk management issues that threaten to affect the success of its operations. The company has turned in a satisfactory performance in the last period; however, such results have been due to lack and not due to a great design of risk management. Some of the major issues that can be observed in its operations are the lack of prioritization of activities and poor implementation of the ERM framework. The company has also been unable to address the diversity of ideas and opinions among the leaders across the organization. On the other hand, chapter 19 delves into the financial risks that face Kilgore Custom Milling. The case study discusses a wide array of issues including threats and opportunities that could be exploited by the company. In each of the case studies, there is a need for a proper ERM framework to be developed. Body If each of the companies were to develop a risk management framework, there are certain peo ...
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