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Topic: Discussion Managed Care: Role of Boards in Lowering Organizational Risk Profile
Discuss one of the key ways that a typical board can lower an organization’s risk profile. Consider the following questions as you post your initial response:
Which function of the board is related to risk management?
What are the obligations of the board?
How do obligations differ in a for-profit versus a nonprofit organization?
Refer to the text and past experiences as you provide evidence to support your response and the responses to your peers.
Role of Boards in Lowering Organizational Risk Profile Name: Institutional Affiliation Role of Boards in Lowering Organizational Risk Profile Enterprises continually face the risk of unprecedented events with the potential for adversely affecting their operations. With for-profit enterprises, unmanaged risks may negatively impact on an organization’s profit level. On the other hand, similar risks may aff