[SOLUTION] Enterprise Risk Management

Your assignment is to choose one of the following companies:Best BuyGeneral MotorsBank of AmericaDo some research on your company and identify four risks they are facing. A good place to start is with the company annual report and 10-K filings. You can use SEC.gov to find this information, or another site like AnnualReport.com. The investor relations section of public companies’s websites also has information on their financial performance.For each risk please answer the following:Why is this a risk?What type of risk is it?What is the likelihood of the risk? How great is the impact?What strategy or policy does the company use to manage the risk?At the end also state any recommend changes to any of these strategies or changes to the company’s enterprise risk management approach.Using SourcesYou may refer to the course material for supporting evidence, but you must also use at least two credible outside sources and cite them using APA format. Please include a mix of both primary and secondary sources. If you use any Study.com lessons as sources, please also cite them in APA (including the lesson title and instructor’s name).Primary sources are first-hand accounts such as interviews, advertisements, speeches, company documents, statements, and press releases published by the company in question.Secondary sources come from peer-reviewed scholarly journals, such as the Journal of Management. You may use sources like JSTOR, Google Scholar, and AnnualReport.com to find articles from these journals. Secondary sources may also come from reputable websites with .gov, .edu, or .org in the domain. (Wikipedia is not a reputable source, though the sources listed in Wikipedia articles may be acceptable.)

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