Using both Chapter 3 and Chapter 4 as a resource and external research please respond to the following:
Identifying the objectives of Risk Management as discussed in Chapter 3:
1. Identify a company and the industry that this company operates in .
2. Identify what the major and minor loss exposures are for this company .
3. Based on what you identify, analyze the loss exposure in terms of loss severity and loss frequency.
Chapter 4 continues to discuss Risk Management expanding it to encompass all areas of an organization including Risk, financial risk, operational risk, strategic risk, hazard risk, and additional risks. Using the same company, research the following using both the concepts of the textbook and external research. Be sure to properly cite your sources at the end of your work.
4. What type of risk does your organization face based on the range of risks identified in Chapter 4. Expand on this risk with supporting information. Be sure to identify at least two risks. Expand on the risk.
Be sure to refer to the textbook and external research within your work. Your paper should be set up as a research paper using APA formatting, font 12, double spaced, with a works cited page. You paper should be minimally 3 pages in length not counting the cover sheet and works cited page. Please refer to the grading rubrics for quality written work to assist.
