Enterprise Risk Management

endeavour peril 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 remove exist also to assess, manage, and admonisher business opportunities and risks to stay rivalrous in the global market. Enterprise Risk Management (ERM) is an current ferment designed to identify potential risks and manage those risks. The military operation is applied to the entire organization by employees at every(prenominal) level and geared toward the proceeding of the organizations objectives. several(prenominal) civil wrong violations exist in the Product pecuniary obligation video located on University of genus Phoenix school-age child Website. Tony Harbs seven-step process is applied to the risk trouble process to mitigate the business risk associated with one of the civ il wrong violations animate in the video. Tort Risk In the Product indebtedness video, one potential tort risk that arose was conjuration. Intentional illusion is also known as fraud. When a wrongdoer deceives separate person out of money, property, or something of value this is considered fraud. When this happens the injured caller 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 action made a false representation of material school princ ipal and knew representation was false and i! ntended to deceive. Second, the plaintiff justifiably relied on misrepresentation and was actually injured (Cheeseman, p. 802, 2010). After reading the software package manual and watching the video tutorial supplied by Non-Linear Pro, the devil employees from officious Takes Video found that the software did not cause tally to the salesmans promise. The software did not have seemly reminiscence to complete more than five minutes of...If you deprivation to suit a full essay, order it on our website: BestEssayCheap.com

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