Question
ERM at General Motors Chapter 30 (Pg. 547-552), Chapter 31 (Pg. 555-557), and Chapter 34 (Pg. 607-621) presented three mini-case studies on ERM and risk.
ERM at General Motors
Chapter 30 (Pg. 547-552), Chapter 31 (Pg. 555-557), and Chapter 34 (Pg. 607-621) presented three mini-case studies on ERM and risk. Each one presented a slightly different risk scenario.
- Suppose General Motors wants to replace one of their traditional lines of vehicles with all electric models. How could GM use game theory to identify and assess the major risks to this decision?
- Identify two major risks that would result from GM converting an existing line to an all-electric line.?
- Provide a brief discussion of each risk, and assessment of the levels of inherent, current, and residual risk, using GM's five point scale?
***Text Source: http://3.droppdf.com/files/l545g/implementing-enterprise-risk-management.pdf
**Textbook: Implementing Enterprise Risk Management Case Studies and Best Practices.
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Auditing A Practical Approach with Data Analytics
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
1st edition
1119401747, 978-1119401742
