Please see 4 attachement.
Each question must be done within 400 words.
(1) Alternative Risk Transfer (ART) is one of the essential elements that has made ERM possible. Explain the background of this development and its merits for capital budgeting. Also, explain why the Insurative model type managerial accounting is necessary to use them well. (Max 400words)
(2) Case Analysis: The case of Intuit’s ERM was written by the company’s chief risk officer. Intuit was created in 1983 as a small venture company to offer household finance PC software, which has grown to a $ 4 billion revenue company with 50 million licensees. The company is now listed on NASDAQ.
Explain the reason for ERM introduction very briefly (one sentence) and analyze the case from the
perspective of the success factors for ERM implementation as we repeatedly discuss during the course and explain their achievements
