Wait, is the new ERM paradigm like the old one, but with more glitter and confetti? Asking for a friend who's hoping to win the 'most creative risk response' award.
Oh man, these ERM questions can be a real brain-teaser. I'm gonna go with B. Aligning risk appetite and strategy - that seems like it would be a key part of the new ERM approach.
Hmm, I think D. Reducing operational surprises and losses is the one that's not part of the new ERM paradigm. Gotta be careful with these tricky questions!
Carin
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