BLUE WOOD & Kilgore Final.docx - Running Head RISK MANAGEMENT FRAMEWORK 1 Risk Management Framework Students Name Institution Affiliation Chief

BLUE WOOD & Kilgore Final.docx - Running Head RISK...

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Running Head: RISK MANAGEMENT FRAMEWORK 1 Risk Management Framework Student’s Name Institution Affiliation Chief Financial Officer (CFO) is the person to lead the process of developing risk management framework in Blue Wood Chocolate Company while Operation manager should be the one leading the process of risk management framework in Kilgore Custom Milling Company. They should appoint Chief Risk Officer (CRO) who he or she would report to the chief executive officer of both Blue Wood Chocolate and Kilgore Custom Milling. Small companies address the issue of risk by offloading it on insurance companies by safeguarding business with policies. However, if there is a kind of insurance small business requires, then it is general liability insurance. This type of insurance policy helps small business in safeguarding from lawsuits over worker's honesty, product failure as well as other matters that can arise
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  • Fall '17
  • Dr.Gachanja
  • Management, Management occupations

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