ASSIGNMENT 1 SEMESTER 1 2025
UNIQUE NO. 152605
DUE DATE: 28 MARCH 2025
, RSK2601
Assignment 1 Semester 1 2025
Unique Number: 152605
Due Date: 28 March 2025
Enterprise Risk Management
Risk Management and Corporate Governance Questions and Answers
QUESTION 1
1.1 What are an organization's key obstacles to integrating risk management with
the overall business strategy?
i. Fear of creating a risk-averse and bureaucratic culture.
ii. The board does not understand or appreciate the principles and benefits of ERM.
iii. Competition with other priorities.
iv. Directors consider risk management a task of line management and not the board.
Choose the correct combination:
a) i, iii
b) i, ii, iii
c) ii, iii, iv
d) all the options
Answer: d) all the options
1.2 Indicate the correct statement.