Which of the following are key characteristics of enterprise risk management? 1. It considers risk in the formulation of strategy. 2. It applies risk management in some units of an entity. 3. It takes a portfolio view of risks throughout the enterprise. 4. It restricts the organization's ability to seize opportunities inherent in future events.
A) 2 and 3 only
B) 1 and 3 only
C) 2 and 4 only
D) 1 and 4 only
Correct Answer:
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