Which of the following is a company-wide,strategic approach to indentifying,monitoring,and managing a company's risk?

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Enterprise risk management is a company-wide strategic approach to identifying, monitoring, and managing a company's risk. It involves evaluating all potential risks that a company may face and developing a plan to mitigate those risks. Business interruption insurance, key person life insurance, and professional liability insurance are specific types of insurance policies designed to protect against certain types of risks, but they do not encompass a comprehensive approach to managing all types of risks a company may face.

Which of the Following Is a Company-Wide,strategic Approach to Indentifying,monitoring,and