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GAQM ISO-31000-CLA Exam - Topic 7 Question 26 Discussion

Actual exam question for GAQM's ISO-31000-CLA exam
Question #: 26
Topic #: 7
[All ISO-31000-CLA Questions]

Enterprise Risk Management (ERM) is considered to have a significant difference compared with traditional risk management approaches because ERM

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Suggested Answer: B

According to2, domain 1, ERM ''is a coordinated set of activities and methods that is used by organizations to manage risks across the enterprise''. It takes an integrated or holistic approach that considers all types of risks and their interrelationships across the organization's functions and levels.


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Jannette
22 days ago
Totally agree! The holistic approach is a game changer.
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Raymon
27 days ago
ERM really does cover all bases, unlike traditional methods.
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Trinidad
1 month ago
I vaguely recall that ERM is supposed to help achieve objectives, but I think the integrated approach is what sets it apart most clearly.
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Benton
2 months ago
I feel like all three options could be part of ERM, but I’m uncertain which one really highlights the key difference.
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Luke
2 months ago
I remember a practice question that emphasized how ERM integrates various types of risks, so I lean towards option B being correct.
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Sarah
2 months ago
I think ERM is more about the holistic approach, but I'm not entirely sure if that's the main difference.
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