Home » Business Word » What does ERM mean in Business Word?

ERM in Business Word Meaning

The ERM meaning in Business Word terms is "Enterprise Resource Management". There are 2 related meanings of the ERM Business Word abbreviation.

ERM on Business Word Full Forms

  1. Enterprise Resource Management
  2. Enterprise Risk Management Enterprise risk management (ERM) in business includes the methods and processes used by organizations to manage risks and seize opportunities related to the achievement of their objectives. ERM provides a framework for risk management, which typically involves identifying particular events or circumstances relevant to the organization's objectives (risks and opportunities), assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress.

Frequently Asked Questions (FAQ)

  1. What does ERM stand for Business Word?

    ERM stands for Enterprise Resource Management in Business Word terms.

  2. What is the shortened form of Enterprise Resource Management in Business Word?

    The short form of "Enterprise Resource Management" is ERM for Business Word.

Citation

ERM in Business Word. Acronym24.com. (2021, March 7). Retrieved April 25, 2024 from https://acronym24.com/erm-meaning-in-business-word/

Last updated