Enterprise Risk Management in the Military

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Every organization faces risks every day. This paper discusses risk management for private businesses and for the U.S. Marine Corps. This paper provided a comprehensive discussion or what enterprise/operational risks are, a procedure for assessing the severity of the hazard/risk, a decision-making process, the differences between the risk levels for private bushiness vs. the U.S. Marine Corps, and three step-by-step processes for managing risk. Four tables are included as are a table of contents and an outline. There are forty sources listed in the bibliography of this forty page paper.