What is the role for the board in such a process

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Reference no: EM132263991

If Blue Wood Chocolate and Kilgore Custom Milling are to develop a risk management framework, who should lead the process at each company? Should a Chief Risk Officer (CRO) be appointed?

If so, to whom should he/she report and have access to?

How could smaller companies without the resources for a dedicated CRO deal with ERM? What is the role for the board in such a process?

Reference no: EM132263991

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