Sean is in charge of risk management for First Friends, Inc., a large chain of preschools on the East Coast. He has decided to build enterprise risk management into the organization. The first step Sean should take is to
A) decide on the spyware software the organization should buy.
B) send a letter to all of the staff informing them that using e-mail for personal purposes will not be allowed.
C) remove the playgrounds from all of the locations.
D) decide which risks the organization should manage.

Question

Quizplus · Accepted Answer

An enterprise risk management (ERM) program usually has a few well-defined goals, the first of which is to define which risks the program will manage.

Sean Is in Charge of Risk Management for First Friends