Enterprise Risk Management

endeavour run a risk 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 essential detect these opportunities and risks. The requirement exist also to assess, manage, and admonisher business opportunities and risks to stay militant in the global market. Enterprise Risk Management (ERM) is an ongoing constitute on designed to identify potential risks and manage those risks. The summons is applied to the entire organization by employees at all level and geared toward the proceeding of the organizations objectives. several(prenominal) civil wrong violations exist in the Product monetary obligation video located on University of genus Phoenix schoolchild 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 violatio ns quick in the video. Tort Risk In the Product obligation video, one potential tort risk that arose was conjuration. Intentional conjuration is also known as fraud. When a wrongdoer deceives new(prenominal) person out of money, property, or something of value this is considered fraud. When this happens the injured ships company 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 baksheesh and knew representation was false and intended to d! eceive. Second, the plaintiff 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 devil employees from officious Takes Video found that the software did not carry through tally to the salesmans promise. The software did not have passable reminiscence to complete more than five minutes of...If you loss to suit a full essay, order it on our website: BestEssayCheap.com

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