Which one i should choose

Your bank is implementing firm-wide enterprise risk management (ERM). Which of the following is most likely an implication of this change with respect to how a company manages its business? ERM focuses more on maximizing firm value than managing risk. ERM disaggregates risk factors that previously may have been examined on a standalone basis for firm risk calculations. ERM is a transition to a mind-set of a defensive stance against unknown or downside risks to earnings. Changes in correlation can be a significant source of risk in any firm. ERM explicitly captures diversification benefits among business units by managing risk at the business unit level, as close as possible to the source of the risk. Next Page Page 7 of 10