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You are the Chief Risk Officer for a company and you’ve been tasked with identifying the areas where your company is exposed to systematic and unsystematic risks.
Respond to the following in a minimum of 175 words:
Based on the information you learned this week, what approach would you take in explaining how systematic and unsystematic risks affect risk planning?
Describe your approach.
Name 3 or more systematic or unsystematic risks your company might face.
Think of some implications if your company decides not to be proactive and plan for these risks.