Scenario: Reputational Risk: A company faces negative publicity due to a product
recall. The risk manager is tasked with restoring stakeholder confidence.
Which ERM benefit is most relevant in guiding the company’s response?

Question

Scenario: Reputational Risk: A company faces negative publicity due to a product

recall. The risk manager is tasked with restoring stakeholder confidence.

Which ERM benefit is most relevant in guiding the company’s response?

Answer

D) Coordination in Regulatory and Compliance Matters

Answer

A) Increased Stakeholder Confidence

Answer

B) Enhanced Risk Management

Answer

C) Improved Business Continuity

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