What other strategic processes are closely tied to ERM?

Address the following questions:What other strategic processes are closely tied to ERM?What three kinds of risks are identified within the City of Edmonton?What two criteria must be balanced in a successful ERM model?Who is responsible for dealing with and mitigating risks?To what body must the City’s strategic risks be reported?Major HomeworkRequirementsThe homework assignments are not opinion compositions, or a book, chapter, or article review. These assignments are positional arguments that are entirely supported by empirical evidence andwell-knownindustry facts.Youcan includeyourpersonal experiences and ideas if it directly relates to the topic, or reinforcesyourposition. However,you must supportall statements with evidence. All submissions must adhere to APA guidelines. APA writing is an academic standard therefore,it is not optional, it is mandatory.Points are deducted if your submission does not adhere to the following requirements:Be a scholarly submissionInclude a title pageTimes New Roman font, 1-inch margin, and double-spacedBe at least two pages in lengthShould not consist of any bullet-pointsHave a reference page with at least three academic referencesYouCANNOT use Wikipedia,LinkedInarticles,blogs, paid vendors, certification websites, or similar sources in academic writing.YouCANusereputableindustry articles from publicationssimilartoComputerWeekly,PCMag, Wall Street Journal, New York Times, or similar sources. Academic journals andpopularindustry articles are accessible in the university’s library databases and Google Scholar. All references should not have a publication date older than 2005.Be written in a clear and concise mannerContains contractual phrases,as an example“shouldn’t”“couldn’t”or“didn’t,”or similarUses vague words such as“proper,”“appropriate,”“adequate,”or similar to describe a process,function,or a procedure.As an example,“proper incident response plan,”“appropriate IT professional,”“adequate security,”or similar.These words are subjective because they have a different meaning to different individuals.Does not adhereto the University’s academic dishonesty and plagiarism policies.