Explain key drivers of value- driven enterprise risk management

Enterprise Risk Management (ERM) incorporates four key attributes:

1.       Comprehensive Assessment

This key driver emphasizes that all risks should be equally taken into consideration.

2.       Consistent Evaluation

All risks must be criticized on a consistent basis to efficiently identify the risks across the entire enterprise.

3.       Consistent Risk Appetite

It maximizes risk-adjusted shareholder value that is applied to all decisions. It highlights the capability of the whole organization(versus individual component) to deal with the risks.

4.       Value-Driven

The organization must be united with the same objective of risk management--shifting the risk-return profile of the business toward greater upside.

what are the choices?

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explanation: