Arm 401 quiz - Study guides, Class notes & Summaries

Brenda is the new risk manager at Telecom Company. She did a preliminary analysis to identify organizational risks. Brenda then scheduled a meeting of the organization's leaders, key employees, and other stakeholders. Brenda asked her assistant, Brian, to moderate the session since he is skilled in risk identification, and he is a skilled communicator as well. Brian encouraged brainstorming, and asked follow-up questions. After the session, Brenda and her risk management colleagues had a much d...

Risk adjusted return on capital - (Revenue - Expense - Expected Loss + Income from Capital) / Economic capital Strategic Risk - Uncertainties associated with the organization's long-term goals and management decisions Operational Risk - Uncertainties associated with the organization's procedures, systems, and policies. Financial Risk - Uncertainties associated with the organization's financial activities SWOT Analysis - a team approach tat's useful in analyzing a n...