Enterprise Risk Management Strategies Paper

Please use apa format and scholarly sources. The required total word count is 2000. Please make sure to cite sources and required sources 4. Please make sure response is original as there will be a plagiarism scan.

1.Explain two specific enterprise risk management strategies that a Board of Directors would use to delegate their responsibilities of ERM.

2.Explain the meaning of the phrase “companies must incur risk in order to run their business and maximize returns for stakeholders.” Give two specific examples.