Enterprise Risk Management

endeavour danger Management Marie Williams LAW/531 July 2, 2011 Jackie Williams Enterprise Risk Management phone line opportunities and risks are changing in a challenging orbiculate economy, and ecesiss essential detect these opportunities and risks. The motive exist also to assess, manage, and admonisher business opportunities and risks to stay warring in the global market. Enterprise Risk Management (ERM) is an on-going butt against designed to identify potential risks and manage those risks. The knead is applied to the entire organization by employees at all(prenominal) level and geared toward the proceeding of the organizations objectives. several(prenominal) civil wrong violations exist in the Product pecuniary obligation video located on University of genus Phoenix pupil Website. Tony Harbs seven-step process is applied to the risk trouble process to mitigate the business risk associated with one of the civil wrong violations alert in the video. Tort Risk In the Product obligation video, one potential tort risk that arose was conjuration. Intentional refutal is also known as fraud. When a wrongdoer deceives new(prenominal) person out of money, property, or something of value this is considered fraud. When this happens the injured acquaintance can recover damages.

Henry Cheeseman states that to file intentional tort against a person or organization for misrepresentation individuals must be able to prove the following elements: First, the defendant had to rick made a false representation of material tiptop and knew representa tion was false and intended to deceive. Sec! ond, the plaintiff justifiably relied on misrepresentation and was actually injured (Cheeseman, p. 802, 2010). After reading the software product manual and watching the video tutorial supplied by Non-Linear Pro, the ii employees from officious Takes Video found that the software did not fulfill tally to the salesmans promise. The software did not have teeming reminiscence to complete more than five minutes of...If you regard to suit a full essay, order it on our website: BestEssayCheap.com

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