Entropic Communications, Inc. Case Study
Review the case on Entropic Communications, Inc. in Chapter 13. This case deals with the implementation of a new Enterprise Risk Management (ERM) process at a small but growing semiconductor company. After you have thoroughly reviewed the case, compose an essay in which you respond to the following:
1. Provide a summary of the Entropic Communications, Inc. Case.
2. Why do you think risk management should be aligned with company objectives? Why does it matter?
3. What prompted the passing of Sarbanes-Oxley Act (SOX) in 2002? How does SOX tie to this case?
4. What are the pros and cons to giving the department heads the flexibility to tailor the level of participation in the Enterprise Risk Management (ERM) process?
Submit your response in 2-3-pages, Include a cover page and a reference page. When citing sources, please use proper APA citing and reference techniques.
Merchant, K. A., & Van der Stede, W. (2017). Management control systems: performance measurement, evaluation and incentives (4th ed.). Philadelphia, PA: Trans-Atlantic Publications. ISBN: 9781292110554