Risk management is a critical element of the strategic management of an organization and must be included in its regular activities. Two common frameworks include the Committee of Sponsoring Organizations of the Treadway Commission (COSO) ERM (known as an Integrated Framework) and the guidelines developed by Airmic and the Institute of Risk Management (IRM) (known as a structured approach to ERM). Consider Deladem LLC, a small company that deals in commercial cleaning supplies, and its ability to manage risk. Consider the COSO and IRM frameworks and develop an ERM plan for Deladem LLC