Internal Control and Risk Enterprise Management

Strategic risk can be divided into seven major classes: industry, technology, brand, competitor, customer, project, and stagnation.

Choose a company that you would like to research, and consider their strategic risk management of one of the seven major classes listed above. Imagine you are an executive at that company who is responsible for risk management. Write a memo to the company president identifying at least one competitive advantage that the risk program has had for the company, or a disadvantage that the lack of a program could create.