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QUESTION

You are the Chief Risk Officer for a company and you’ve been tasked with identifying the areas where your company is exposed to systematic and unsystematic risks. Respond to the following in a minim

You are the Chief Risk Officer for a company and you’ve been tasked with identifying the areas where your company is exposed to systematic and unsystematic risks. 

Respond to the following in a minimum of 350 words:

  • what approach would you take in explaining how systematic and unsystematic risks affect risk planning?
  • Describe your approach.
  • Name 3 or more systematic or unsystematic risks your company might face.
  • Think of some implications if your company decides not to be proactive and plan for these risks.
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