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What is the role of enterprise risk management in banks?

Enterprise Risk Management (ERM) refers to the methods and processes used by organizations to manage risks (or seize opportunities) related to the achievement of their objectives. ERM provides a framework for risk management, which typically involves identifying particular events or circumstances relevant to the organization's objectives (risks and opportunities), assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress. By identifying and proactively addressing risks and opportunities, business enterprises protect and create value for their stakeholders, including owners, employees, customers, regulators, and society overall.


What is the content of conceptual framework?

what are the contents of conceptual framework


Which matrix is included in the decision stage of the strategy formulation framework?

Quantitative Strategic Planning Matrix


How long does it take for a trainee to be trained?

How long is a piece of string? To train any individual requires a set learning framework. That framework has a duration expectancy which if its a formal learning programme will normally be accredited. It is simply dependent on WHAT is being taught and the skills uptake of the learner


When Workers earn higher wages this is known as a pay structure?

When workers earn higher wages, it is often referred to as a pay structure, which outlines the framework for determining compensation levels within an organization. A well-defined pay structure ensures that wages are equitable and aligned with job responsibilities, market conditions, and employee performance. It can also help attract and retain talent by providing clear progression paths and transparency in compensation practices.

Related Questions

What is mendelow framework?

Mendelow framework is to help understand the influence of each stakeholder, its to attempt to understand the influence that each stakeholder have over the organisations objectives or strategy . The aim of the framework is to estimate which stakeholder has the most influence by (power x interest = influence) over the organisations objectives Power is the individuals ability to influence the objectives Interest is the individuals willingness (how much they bother about the organisation)


What is a stakeholder model?

The stakeholder model takes the approach that in order to be effective, the organization needs to take all the stakeholders of a company into account. The approach to this can most effectively be implemented using the stakeholder focused performance management approach (SFPM). SFPM ensures that all stakeholder expectations and contributions are taken into account and measured in an effective framework using a modified balanced scorecard.


A sound framework for identifying hazards when planning?

The factors of METT-TC provide a sound framework for identifying hazards when planning, preparing, and executing operations. This is true for both civilian and military operations. METT-TC stands for mission, enemy, terrain and weather, troops and support available, time available, civil considerations.


How can reasons for quality problems be traced using the gap analysis framework?

In the gap analysis framework, reasons for quality problems can be traced by comparing the current state of operations to the desired state. This involves identifying performance gaps and determining the root causes of these gaps. By analyzing the differences between actual and ideal performance, organizations can pinpoint areas where quality issues arise and take corrective actions to address them.


Theoretical framework of appropriateness of wearing departmental uniform?

The theoretical framework for determining the appropriateness of wearing a departmental uniform would likely draw on organizational behavior theories, such as social identity theory or organizational culture theory. These frameworks help explain how individuals identify with their organization and how uniforms can influence attitudes and behaviors. Additionally, theories of professionalism and dress codes may inform the factors considered in determining the appropriateness of wearing a departmental uniform.


What is considered to create the structural framework for writing?

Neatness


A sound framework for identifying hazards when planning preparing and executing operations is what in the ARMY?

METT-TC stands for Mission, Enemy, Troops available, Time and Civilian considerations. It is a phrase used by Army commanders to remember what hazards should be considered when planning, preparing and executing operations.


Why TLE is considered as a skill subject?

European Qualifications Framework


Sound framework for identifying hazards when planning preparing and executing operations is what?

METT-TC stands for Mission, Enemy, Troops available, Time and Civilian considerations. It is a phrase used by Army commanders to remember what hazards should be considered when planning, preparing and executing operations.


Why has the Lexile Framework for Reading been criticised?

The Lexile Framework for Reading has been criticized for limiting children's reading choices and steering them away from books they may be interested in. The system for determining a book's level is also flawed.


What has the author Glenn Fox written?

Glenn Fox has written: 'A framework for identifying public research priorities' -- subject(s): Longleaf pine, Forests and forestry


What is considered a valid method of securing the control plane in the Cisco NFP framework?

good