Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating and communicating a strategic plan? Why? (200 WORDS)
B2 Has your organization’s strategic plan been communicated to you? If so, how and by whom? If not, how would such communication improve your organizational effectiveness? Is it important for employees to know the strategic plan of a company? Why or why not? (200 WORDS)
F1. What is risk tolerance? How would you compare and contrast risk seeking versus avoidance? How would you measure risk tolerance? (200 WORDS)
F2. What is valuation? How would you apply valuation methods? Why is valuation an important tool in risk management? Explain. (200 WORDS)
F3. What is Lloyd’s of London? When does Lloyd’s of London provide insurance? How is Lloyd’s of London different from other insurance companies? (200 WORDS)
F4. Write and present a summary of how this week’s readings and activities (questions F1, F2, &F3) have affected your thought process regarding the week’s course objectives. Be sure to include the DQ’s (F1, F2, & F3), and the electronic reserve articles in the discussion. The summary should be very detail and created in a positive manner.
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