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    1. Summarize the text by filling in the table

Challenge

Description

Examples

  1. Top risks

  1. Risk management processes and capabilities

  1. Integration

  1. Chief

  1. Risk appetite and risk tolerances

  1. Risk culture

  1. External events

  1. Compensation and incentive plans

  1. Adequate risk information

  1. Risk information for external parties

c. Match words to form collocations. Make your sentences about risk management with these word combinations:

  1. to allocate

  1. objectives

  1. to ensure

  1. resources

  1. to create

  1. views

  1. to pursue

  1. success

  1. to focus

  1. information

  1. to voice

  1. attention

  1. to furnish

  1. value

d. Complete the table with correct word forms:

Verb

Noun

Adjective

complex

probability

  1. quantify

  1. enhance

acceptable

e. Fill in the gaps with prepositions consulting the text and make your own sentences with the phrases.

  1. To add value __ an organization

  2. To be responsible __

  3. To deal __ questions

  4. To be aligned __ business plans

  5. The need __ periodic reviews

f. Translate the following words and word combinations. Explain these terms in English:

boardroom

shareholder

nonfinancial company

action plan

transparency

competitive advantage

business-unit plan

risk culture

Grammar

Wish

  1. Complete the sentences with a form of the verb in brackets. The first sentence has been done for you.

1. I wish we (to do) had done more direct marketing last year.

  1. She wishes she (not to have) __ so many meetings.

  2. I wish I (not to stay up) late yesterday.

  3. It is so stuffy here I wish I (to work) __ a bigger office.

  4. I must get in touch with their representative I wish she (to answer) __ the phone.

  5. This presentation is a complete failure he wishes he (to do) __ it all again.

  6. They offered a lower price than this firm I wish we (to sign) __ the contract then.

  7. We have to finish this project by the end of the spring, we wish we (to have) __ more time.

  8. Now I realize that their job offer was quite good I wish I (to accept) __ it then.

  9. That person is very bad-mannered I wish he (to stop) __ interrupting everyone during the meeting.

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