Match the following characteristics to the type of risk management. For each option choose whether it is a characteristic of traditional risk management or enterprise risk management. Emanates from the 'top' -typically the Board of Directors Answer 1 Question 9 Choose... Solutions to mitigating risks based on strategy-setting across the entire organisation Answer 2 Question 9 Choose... Little or no knowledge of overall organizational risks Answer 3 Question 9 Choose... Each department/business unit/ silo deals with own risk Answer 4 Question 9 Choose... Focus is on lowering risk, increasing sustainability and providing savings/value across the entire organization (strategic) Answer 5 Question 9 Choose... Management of risks is centred around physical and financial assets