Enterprise Risk Management Is Being Adopted Because of the Increasing

question 86

True/False

Enterprise risk management is being adopted because of the increasing amount of environmental uncertainty that can affect an entire corporation.

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Definitions:

Coercive Power

The ability of a person to influence others through the threat of punishment or the imposition of unpleasant consequences.

Legitimate Power

A form of authority where power is given to an individual due to their position and responsibilities within an organization.

Cognitive Ability

The capacity of an individual to perform various mental activities related to learning, problem-solving, and decision-making.

Creative Thinking

The ability to generate new and original ideas or solutions to problems.