The ultimate objective of ERM does not include the following:
A) hedge against a drop in the stock price of the firm
B) eliminate product recalls
C) minimize interruption in the firms supply chain
D) survival of the company

Question

Quizplus · Accepted Answer

The ultimate objective of ERM is to identify and manage risks that could prevent the achievement of the company's goals or objectives, and ensure the survival and success of the company. Although ERM may help mitigate the risks associated with a drop in stock price, it is not the ultimate objective of ERM.

The Ultimate Objective of ERM Does Not Include the Following