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Exercise 1 Ato,the largest driverless car manufacturer, has recently completed its risk appetite consensus rlessA Droeting, Selected risk quantification ed risk quantification and risk appetite/limit information is shown below: vidual Risk Scenario Quantification: Change in Company Value Rank Risk Scenario Change in Company Value Likelihood 1 Data breach risk, scenario 2 2 Technical failure risk, scenario 2 3 Litigation risk, scenario 2 4 Competitor risk, scenario 2 5 Litigation risk, scenario 3 -22.2% -16.5% 15.4% -12.1% 9.3% 3% 7% 3% 12% 7% 13% 16% 6 Supplier risk, scenario 2 -5.2% 7 Human resources risk, scenario 2 8 Data breach risk, scenario 3 delete Chapter 6 Enterprise Risk Exposure Pain Point Probability of losing more than 0% of company value Probability of losing more than 5% of company value Probability of losing more than 10% of company value Probability of losing more than 20% of company value Likelihood 58.0% 42.3% 17.5% 1% 3.2% Probability of losing more than 30% of company value Risk Appetite Soft Limit Hard Limit Pain Point 75% 10% Probability of losing more than 20% of company value F8 F7 F5 delete 0 9 Chapter 6 If the likelihood of achieving last year's strategic plan goals was 45%, which of the followings true? c) i. This year's strategic plan is more likely to be achieved. ii. This year's strategic plan is less likely to be achieved. ii. This year's strategic plan is equally likely to be achieved. iv.) It is impossible to say whether it is more, less, or equally likely to be achieved. ymEquip, a gym equipment manufacturer, is aware that they must reduce their enterprise risk exposur The table below provides information for four mitigation alternatives th an alternatives 1-4 would reduce the risk exposures to Exercise Exercise 1 Ato,the largest driverless car manufacturer, has recently completed its risk appetite consensus rlessA Droeting, Selected risk quantification ed risk quantification and risk appetite/limit information is shown below: vidual Risk Scenario Quantification: Change in Company Value Rank Risk Scenario Change in Company Value Likelihood 1 Data breach risk, scenario 2 2 Technical failure risk, scenario 2 3 Litigation risk, scenario 2 4 Competitor risk, scenario 2 5 Litigation risk, scenario 3 -22.2% -16.5% 15.4% -12.1% 9.3% 3% 7% 3% 12% 7% 13% 16% 6 Supplier risk, scenario 2 -5.2% 7 Human resources risk, scenario 2 8 Data breach risk, scenario 3 delete Chapter 6 Enterprise Risk Exposure Pain Point Probability of losing more than 0% of company value Probability of losing more than 5% of company value Probability of losing more than 10% of company value Probability of losing more than 20% of company value Likelihood 58.0% 42.3% 17.5% 1% 3.2% Probability of losing more than 30% of company value Risk Appetite Soft Limit Hard Limit Pain Point 75% 10% Probability of losing more than 20% of company value F8 F7 F5 delete 0 9 Chapter 6 If the likelihood of achieving last year's strategic plan goals was 45%, which of the followings true? c) i. This year's strategic plan is more likely to be achieved. ii. This year's strategic plan is less likely to be achieved. ii. This year's strategic plan is equally likely to be achieved. iv.) It is impossible to say whether it is more, less, or equally likely to be achieved. ymEquip, a gym equipment manufacturer, is aware that they must reduce their enterprise risk exposur The table below provides information for four mitigation alternatives th an alternatives 1-4 would reduce the risk exposures to Exercise
