Entterprise risk management disussion #1

Please summarize, in your own words, a description of enterprise risk management. Why do you feel ERM is different from traditional risk management?

Please make your initial post and two response posts substantive. A substantive post will do at least two of the following:

• Ask an interesting, thoughtful question pertaining to the topic
• Answer a question (in detail) posted by another student or the instructor
• Provide extensive additional information on the topic
• Explain, define, or analyze the topic in detail
• Share an applicable personal experience
• Provide an outside source (for example, an article from the UC Library) that applies to the topic, along with additional information about the topic or the source (please cite properly in APA 7)
• Make an argument concerning the topic.

At least one scholarly source should be used in the initial discussion thread.