Answer the following questions based on chapter 15 of textbook attached. 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? Note: please write 3 pages with APA format in text citation and include atleast 3 academic references. .

1. Answer the following questions based on chapter 15 of textbook
attached.
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?
Note: please write 3 pages with APA format in text citation and
include atleast 3 academic references.