Enterprise Risk Management

endeavour danger Management Marie Williams LAW/531 July 2, 2011 Jackie Williams Enterprise Risk Management phone line opportunities and risks are changing in a challenging orbiculate economy, and ecesiss mustiness detect these opportunities and risks. The enquire exist also to assess, manage, and admonisher business opportunities and risks to stay competitory in the global market. Enterprise Risk Management (ERM) is an current turn designed to identify potential risks and manage those risks. The put to make is applied to the entire organization by employees at each level and geared toward the proceeding of the organizations objectives. some(prenominal) civil wrong violations exist in the Product monetary obligation video located on University of genus Phoenix assimilator Website. Tony Harbs seven-step process is applied to the risk trouble process to mitigate the business risk associated with one of the civil wrong violations anima ted in the video. Tort Risk In the Product liability video, one potential tort risk that arose was conjuration. Intentional refutal is also known as fraud. When a wrongdoer deceives opposite person out of money, property, or something of value this is considered fraud. When this happens the injured caller can recover damages.

Henry Cheeseman states that to file intentional tort against a person or organization for misrepresentation individuals must be able to prove the following elements: First, the defendant had to work made a false representation of material channelize and knew representation was fals e and intended to deceive. Second, the plai! ntiff justifiably relied on misrepresentation and was actually injured (Cheeseman, p. 802, 2010). After reading the packet manual and watching the video tutorial supplied by Non-Linear Pro, the cardinal employees from officious Takes Video found that the software did not consummate tally to the salesmans promise. The software did not have complete reminiscence to complete more than five minutes of...If you take to suit a full essay, order it on our website: BestEssayCheap.com

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