Requirements:
* The responses should contribute to the topic and discussion and not merely voice agreement or dissent.
* Your original post should be approximately 200+ words for EACH QUESTION.
* APA formatting standards, correct grammar, spelling, and punctuation, and cited references are expected.
1.) Discuss the events that lead to the development of the concept of enterprise risk management. Was the growth of Enterprise Risk Management prompted primarily by an expansion of risk management activities within corporations or was it forced upon firms by external events?
2.) Describe the differences between the scope of traditional corporate risk management activities and the range of activities encompassed in enterprise risk management.
3.) If Enron’s risk manager organized its ERM program into hazard, operational, financial, and strategic risks, which risk area does fraudulent accounting best fit and why?
4.) Make an argument why the goal of the tort liability system deters or does not deter firms from engaging in risky behavior?
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