In Chapter 22, JAA Inc. faced various risks that affected the operations and profitability of the company. In response to that, the company engaged in a risk evaluation process where gaps in risk ma

1)

In Chapter 22, JAA  Inc. faced various risks that affected the operations and profitability of the company.  In response to that, the company engaged in a risk evaluation process where gaps in risk management were identified. A risk profile was created and individual risks were assessed based on the likelihood and impact. The company derived a risk attitude to respond to potential risks and created response plans to address uncertainties. To what extent would past experience of people in charge of ERM development impact the company's risk attitude? If we assume that past experiences are context-specific, how can enterprises leverage such experiences to effectively manage its ERM?

To complete this assignment, you must do the following:

A) Create a new thread (2-3 pages). As indicated above, explain to what extent would past experience of people in charge of ERM development impact the company's risk attitude? If we assume that past experiences are context-specific, how can enterprises leverage such experiences to effectively manage its ERM?  

B) Select AT LEAST 2 other students' threads and post substantive comments on those threads, evaluating the pros and cons of that student’s recommendations. Your comments should extend the conversation started with the thread.

ALL original posts and comments must be substantive. (I'm looking for about a paragraph - not just "I agree.")

2)

As a business person with no shortage of financial resources, think of a small business opportunity that COVID-19 would enable you to embark on.

(e.g. local courier service, face masks and sanitizing products imports, etc)

• What are the business opportunities that can be leveraged in the current Corona Crisis, and what are the risks?
• How can you mitigate the risks? What tools you've learned in the class that you can use to address those risks.

Please create a Word doc of 2-3 pages to discuss the subject above (excluding Title and References pages).    Make sure to reference your sources correctly using APA format.