St Petersburg College Business Discussion
I need an explanation for this Business question to help me study.
- Explain how Key Risk Indicators assist companies in identifying emerging risks. Select a company other than Intuit and provide examples of how KRIs would be useful.
- Explain how Key Performance Indicators help companies to manage existing risks. Select a company other than Intuit and identify at least three KPIs unique to their business. Explain how the KPIs can assist the company in managing risks specifically related to their company/industry.
- What is the effect of not measuring performance of an ERM program on the overall quality of the program?
- How can the Board of Directors be confident in the information reported on management’s progress in responding to significant risks?