Strategic risk is defined as the risk of management and the Board of Directors making poor strategic decisions (wrong strategy, poor execution, or unresponsiveness to changes in the environm
risk management writing question
The specific requirements are in the document
Requirements:
Question:
Strategic risk is defined as the risk of management and the Board of Directors making poor strategic decisions (wrong strategy, poor execution, or unresponsiveness to changes in the environment)
Prepare a partial list of the major strategic risks facing UBC (University of British Columbia). Make recommendations on the way UBC should respond to the identified risks and make recommendations on the university departments to which UBC should assign responsibility for each identified risk.
The approximate content is around 600-800 words.
Once the list of risks has been prepared, management must consider the response to each major risk. The AICPA model for considering this issue is reproduced below:
Explain Strategic Risks and List Examples (Who is responsible?)
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