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

In Chapter 22,JAAInc. faced various risks that affected the operations and profitability of the company. In response to that, the company engaged in risk evaluation process where gaps in risks 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 experienceof people in charge of ERM development impact the company's risk attitude? If we assumethat past experiences are context-specific, how can an enterprise leverage such experiences to effectively manage its ERM?

To complete this assignment, you must do the following:

A) Create a new thread. As indicated above,explain aswhat extent would pastexperienceof people in charge of ERM development impactthe company'srisk attitude? If weassumethat pastexperiencesare context-specific, how can an enterprise 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.")