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The Cuban Culture
Stefanie Marshall
ENC1101
National Symbols
CUBAN FLAG
This Photo by Unknown Author is licensed under CC BY-SA
COAT OF ARMS
DESIGNED IN 1849.
OFFICIALLY ADOPTED IN MAY 20,1902
DESIGNED BY NARCISO LOPEZ
AND MIGUEL TEURBE
CREATED BY MIGUEL TEURBE
ADOPTED ON APRIL APRIL 24,1906
Food
Cuban food is influenced by Spanish, aboriginal, African and
Caribbean cuisine. The most popular dishes are moros y
cristianos (black beans with rice), tamales, ropa vieja
(sheredded beef), and creole ajiaco.
Cuba national dance is Salsa best know for Cubans as Casino.
However there are a lot of dances AND VARIETY OF MUSIC
you can ENJOY IN CUBA as Rumba, Cha Cha Cha, and
Reggaeton.
Dance & Music
Religion
The most predominant religion in Cuba is Christianity. However
many people have beliefs in Santeria. Also, Abakua, and Palo
Mayombe are another religions that Cubans belief in.
Fun Facts about Cuba
The game of dominoes is the national game of Cuba.
Education is mandatory for children from ages 6 to 16.
Cuba has one of the best health care systems in the world.
There are two currencies in Cuba CUC mostly used by tourists
and CUP is common among locals.
Research Paper Rubric
Component 100% 75% 50% 25% 0
Basic
Requirements
Formatted correctly, at
least 500 words in
length, citation page
and internal citations
correct (APA format), at
least 2 cited peer
reviewed sources.
Does not meet required
page length, and/or
does not have 2 cited
peer reviewed sources.
Thesis
Statement
Engaging, challenging,
and clearly focuses the
paper. Effectively
stated in the
introduction and
carried throughout the
paper.
Clear and articulate,
engaging and clearly
focuses the paper, but
is not challenging. Is
effectively carried
throughout the paper.
Clearly stated in the
introduction, attempts
to be engaging, is
adequate, but lacks
insight and focus, and is
carried through the
paper.
Included in the
introduction, but is
vague. Lacks insight,
focus, and is not carried
throughout the paper.
Is vague or may be
lacking in the
introduction; is not
focused and lacks
development; is not
carried throughout the
paper.
Introduction Strong and effective, it
is engaging and clearly
defines the thesis, as
well as provides a
foundation for the body
of the paper.
Effective and engaging,
defines the thesis and
provides foundation for
the body of the paper.
Introduces the topic of
the paper and builds a
connection between
the topic, the thesis,
and the body of the
paper. Informative but
not engaging or strong.
Introduces the topic of
the paper loosely and
includes the thesis
statement. Provides
little information
regarding the topic.
Includes little more
than the thesis and
shows no demonstrable
knowledge of the topic
of the paper.
Content
Strongly and vividly
supports the thesis and
is reflective of strong,
thorough research.
Illustrates extensive
knowledge of the topic.
Every aspect of the
thesis is supported by
quality academic
research.
Strongly supports the
thesis and is reflective
of good, thorough
research. Illustrates
knowledge of the topic,
but could be extended.
Most aspects of the
thesis are supported by
quality academic
research.
Supports the thesis and
reflects research, and
illustrates adequate
knowledge of the topic.
Could be extended and
shows some gaps in
understanding of the
topic. Although there
may be some
inconsistencies with
support from quality
academic research.
Related to the thesis
but reflects inadequate
research and
knowledge of the topic,
and demonstrates a
lack of understanding.
There may be a lack of
support from quality
academic research.
Does not convey
adequate
understanding of the
topic, the research, or
the thesis. There are
many unsupported
aspects of the thesis
and the research lacks
quality sources.
Organization Effectively organized.
Logical structure of
points and smooth
transitions convey both
understanding of topic
and care in writing.
Well organized, but
may lack some
transitions between
ideas. Logical structure
of most ideas conveys
understanding of topic
and composition.
Ideas are logically
structured, but may
lack transitions
between ideas. Could
benefit from
reorganizing 1 or 2
ideas.
Some significant gaps in
organization are
present but the basic
framework of ideas is
logical. Overall
organization could be
improved.
Much of the paper lacks
organization of ideas,
making it difficult to
understand the ideas
expressed in the paper.
Citation Format APA format is used
accurately as needed
throughout the entire
paper.
APA format is used
throughout the entire
paper, but may show
variations or slight
inconsistencies of
format.
APA format is used
throughout the entire
paper, but may be
noticeably inconsistent
in format.
APA format is used
inaccurately and
inconsistently in the
paper.
APA is not used
(regardless of the
number of sources or
citations).
Conclusion Strongly and clearly
connects the thesis
statement to the
research to draw a
specific conclusion that
does not leave the
reader with questions
regarding the thesis.
Clearly connects the
thesis statement and
the research to draw a
clear conclusion that
draws the research to a
logical close.
Connects the thesis
statement and research
to draw a conclusion
regarding the research.
Restates the topic
statements throughout
the paper.
Restates the thesis and
the topic statements,
but does not draw any
specific conclusion
about the research or
the thesis.
There is no conclusion;
it restates the thesis at
best.
Conventions Conventions of
standard written
English are used with
accuracy; there are few,
if any, minor errors.
Conventions of
standard written
English are used; there
may be several minor
errors of usage.
Conventions of
standard written
English are used;
however, there may be
a few major errors and
few minor errors of
usage.
Conventions of
standard written
English are used with
numerous major errors
and several minor
errors of usage.
The paper shows
significant errors in
conventions of
standard written
English.
Running head: ANNOTATED BIBLIOGRAPHY
1
ANNOTATED BIBLIOGRAPHY
6
ANNOTATED BIBLIOGRAPHY
Moshel, R. (2018). Enterprise risk management implementation
challenges: A case study in a petrochemical supply chain.
Today, a lot of firms are working on implementing ERM in their
firms to reduce the impacts of risks. This article is highlights
challenges that a firm is likely to face when implementing
ERM. This article majorly revolves in the petrochemical firm
and highlights the difficulties a firm or a manufacturing
industry is likely to phase while implementing ERM. The article
highlights the advantages an industry is likely to achieve in
implementing ERM as it ensures there is the protection of the
company assets and quick response to any risks. As the articles
put, it is essential for manufacturing industries to ensure their
assets are protected as they play important roles in the
economy. These articles highlight most of the challenges
organization faces when it comes to implementation of ERM,
which includes employee's resistance to change, poor
organization culture, lack of qualified personnel and many
organizations find no value in implementing ERM. The article
tries to explain some of the significant challenges that make
organizations reluctant to implement ERM and how
organizations can ensure to implement ERM.
I believe this article is essential to reference material. The
information contained in this article can help other
manufacturing companies to effectively come up with better
ERM projects by avoiding some of the challenges highlighted in
this article. The article is not biased in my view, as it
encompasses the thought and contributions of different scholars.
Mottaghi, N. (2012). What Leads Firms to Enterprise Risk
Management Adoption? A Literature Review.
Even without an increase in cyber threats and a lot of insights
from researchers, most organizations and firms are reluctant
when it comes to the adoption of ERM. This article tries to
identify and highlight and identify different frameworks in
which different organizations, including manufacturing
industries, can apply to enhance ERM adoption. The article
highlights some of the considerations that different
organizations look at when it comes to adopting ERM, some of
this includes firm size, the complexity of the firm, what the
firms deal with as well as firms the structure of the firm.
This article, in detailed, looks at different factors that are
associated with ERM adoption and well factors that fuel the
implementation of ERM. This article tries to show different
studies by different studies by different authors that have been
used to try and understand the compelling reason towards
adopting ERM. I believe this article is important as it highlights
the reason why most firms are reluctant when it comes to the
adoption of ERM and the measures an organization can put in
place to ensure effective adopting of ERM. This article serves
as a good reference material for firms that are in the process of
adopting ERM as it highlights important factors to be put in
place when it comes to the adopting of ERM. The article is not
biased as it contains different scholars and researcher's
contributions. This article will be important in my research as it
will help me identify some of the factors that should be
considered when it comes to adoption ERM.
Kashif Shad, M., & Lai, F. (2019). Enterprise Risk Management
Implementation and Firm Performance: Evidence from the
Malaysian Oil and Gas Industry. International Journal of
Business and Management, 14(9), 47.
doi:10.5539/ijbm.v14n9p47
This article looks at the influence of ERM adoption and
implementation on the performance of the firm. The article
revolves on different public companies and gas and oil
industries. To assess the effect of ERM adoption on the
performance of the organization, the study collected different
organization data applying the content analysis method, putting
into consideration the organization's ERM practices as well as
the organization's financial performance. To access
organizations' financial performance, the study measured the
company's return on assets rates. To fully understand and find
the importance of ERM adoption in an organization, the study
identified eight hypotheses and tested them using different
regression analyses. After conducting the study, the team found
that ERM plays a key role in supporting an organization in
setting its objectives when it comes to monitoring and
controlling its activities, supporting its internal environment as
well as helping an organization when it comes to predicting
about the future. From the finding of this study, it is clear the
ERM can help manufacturing companies to achieve its goals and
objectives effectively.
I believe this is an important study asset and will help me in my
project, especially when it comes to data collection analysis and
interpretation. Also, the article poses excellent information
about the importance of ERM adoption and how firms can
benefit from it. The article is clear and thus not confusing, and
its arguments are well phrased and easily understandable;
therefore, an important resource for my project.
SAYILIR, Ö. & FARHAN, M. (2016). Enterprise Risk
Management and Its Effect on Firm Value in Turkey. Journal of
Management Research, 8(4), 86. doi:10.5296/jmr.v9i1.10124
This article that was published in the year 2017, tries to
evaluate the effects of enterprise risk management in more than
130 manufacturing firms operating in Korea. The article starts
by clearly defining ERM as an approach that is used when
considering risk in business strategy context and how to ensure
there is proper risk management. This article tries to explain
how an increase in risks has pushed different businesses and
industries to come up with different methods and ways to
manage risks and remain operational. As the article puts, it is
due to this risk that different businesses and industries,
including the manufacturing industries, have adopted the use of
ERM. The study that was conducted involved different
regression channels models to different financial data that was
collected from public disclosure platforms for a total of 130
companies. The article highlights different methods that were
used to measure the performance of the ERM in various
manufacturing companies. According to the finding of the
report, the use of ERM enhances the performance of different
companies and thus improving firm rating and investors’
confidence. I believe this article is essential in my project,
especially when it comes to how to measure the performance of
ERM. Also, the article is a better guideline on how to conduct
ERM, as well as understanding how different ERM adoption
time is likely to affect the performance of an organization.
Also, the article exposes me to different methods of analyzing
data.
Songling, Yang & Ishtiaq, Muhammad & Anwar, Muhammad.
(2018). Enterprise Risk Management Practices and Firm
Performance, the Mediating Role of Competitive Advantage and
the Moderating Role of Financial Literacy. Journal of Risk and
Financial Management. 11. 35. 10.3390/jrfm11030035.
This article was published in the year 2018 and tried to examine
the advantages businesses obtain from ERM, especially in the
current times when there is such an increase in the security
breaches. The article particularly tries to cover the competitive
advantage of ERM and the performance of SME. The study was
done in Pakistan, including around 304 emerging markets. The
study had several hypotheses that it was testing to fully find out
the relationship between ERM and the firm performance. The
study involved 304 SME that had less than 250 employees
participating in different industries, including the
manufacturing industries. The study included mostly structured
questionnaires, where managers were involved. The study used
various methods to analyze the collected data to come up with a
conclusive and insightful conclusion about the data. The study
found that there is significant of ERM to the performance of
SME. SME needs to have formal policies about ERM practices.
Small enterprises need to ensure that their risk reduction as the
study found that for microenterprises to perform better, they
should adopt ERM practices. Financial education is also
paramount and goes hand in hand in with the adoption of ERM
for the success of SME. I believe this article will be of great
importance to my project. The report exposes me to different
methods of data collection and how to analyze the collected
data as well as different ways of data correction. This article
does not have any contradictions at all. It contains different
scholar's ideas and thought and thus a valuable reference
material.
Alawattegama, K. K. (2018). The Effect of Enterprise Risk
Management (ERM) on Firm Performance: Evidence from the
Diversified Industry of Sri Lanka. Journal of Management
Research, 10(1), 75. doi:10.5296/jmr.v10i1.12429
This study was conducted to study the effects of adopting ERM
on the performance of different industries in Sri Lanka. The
articles show how different ways in which organizations can
apply ERM to improve its services. This article highlights the
different ways in which businesses benefit from adopting ERM.
The article highlights different methods that can be used in
collecting data as well as how to analyze the collected data.
This article is particularly important as it has a detailed method
of analysis, which has been explained and thus important for a
project. According to the study result, ERM is very important in
supporting a firm's internal environment, help in coming up
with better risk aligned objectives, help in identifying risks as
well as how to respond to risk. I believe through the use of this
article. It will be of help to my project. The article is peer-
reviewed, and thus, the information contained in this article is
verifiable and not contradicting at all.
Gottwald, W. D., & Mensah, G. K. (2015). Enterprise Risk
Management: Factors Associated with Effective
Implementation. SSRN Electronic Journal.
doi:10.2139/ssrn.2735096
This article highlights the factors that organizations should put
in place to ensure there is an effective adoption of ERM. The
articles highlight why most organizations are in the process of
adopting ERM, but most of them are facing a lot of challenges
when it comes to the implementation. According to the article,
an organization needs to be able to access and evaluate the
various sources of its risks so that it will be able to come up
with a better ERM program. These articles highlight the major
differences between ERM and traditional risk management. This
article is keen to highlight the advantages that different firms
get from adopting a holistic risk management practices as well
as how to measure different levels of risk management stages.
The other important aspect of this article is on how to sample
and collect relevant data for the study as well as how to analyze
the collected data. This article proves to be an important
reference material for my project as it tackles the whole project
of ERM in detail, highlighting all its aspects and how it should
be implemented. Been a peer-reviewed article and the latest
article having been published in the year 2018, I believe it has
the right information that pertains to the implementation of
ERM.
References
Alawattegama, K. K. (2018). The Effect of Enterprise Risk
Management (ERM) on Firm Performance: Evidence from the
Diversified Industry of Sri Lanka. Journal of Management
Research, 10(1), 75. doi:10.5296/jmr.v10i1.12429
Gottwald, W. D., & Mensah, G. K. (2015). Enterprise Risk
Management: Factors Associated with Effective
Implementation. SSRN Electronic Journal.
doi:10.2139/ssrn.2735096
Kashif Shad, M., & Lai, F. (2019). Enterprise Risk Management
Implementation and Firm Performance: Evidence from the
Malaysian Oil and Gas Industry. International Journal of
Business and Management, 14(9), 47.
doi:10.5539/ijbm.v14n9p47
Moshel, R. (2018). Enterprise Risk Management implementation
challenges: A case study in a petrochemical supply chain.
Mottaghi, N. (2012). What Leads Firms to Enterprise Risk
Management Adoption? A Literature Review.
SAYILIR, Ö., & FARHAN, M. (2016). Enterprise Risk
Management and Its Effect on Firm Value in Turkey. Journal of
Management Research, 8(4), 86. doi:10.5296/jmr.v9i1.10124
Songling, Yang & Ishtiaq, Muhammad & Anwar, Muhammad.
(2018). Enterprise Risk Management Practices and Firm
Performance, the Mediating Role of Competitive Advantage and
the Moderating Role of Financial Literacy. Journal of Risk and
Financial Management. 11. 35. 10.3390/jrfm11030035.

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The Cuban CultureStefanie MarshallENC1101National .docx

  • 1. The Cuban Culture Stefanie Marshall ENC1101 National Symbols CUBAN FLAG This Photo by Unknown Author is licensed under CC BY-SA COAT OF ARMS DESIGNED IN 1849. OFFICIALLY ADOPTED IN MAY 20,1902 DESIGNED BY NARCISO LOPEZ AND MIGUEL TEURBE CREATED BY MIGUEL TEURBE ADOPTED ON APRIL APRIL 24,1906 Food Cuban food is influenced by Spanish, aboriginal, African and Caribbean cuisine. The most popular dishes are moros y cristianos (black beans with rice), tamales, ropa vieja (sheredded beef), and creole ajiaco. Cuba national dance is Salsa best know for Cubans as Casino.
  • 2. However there are a lot of dances AND VARIETY OF MUSIC you can ENJOY IN CUBA as Rumba, Cha Cha Cha, and Reggaeton. Dance & Music Religion The most predominant religion in Cuba is Christianity. However many people have beliefs in Santeria. Also, Abakua, and Palo Mayombe are another religions that Cubans belief in. Fun Facts about Cuba The game of dominoes is the national game of Cuba. Education is mandatory for children from ages 6 to 16. Cuba has one of the best health care systems in the world. There are two currencies in Cuba CUC mostly used by tourists and CUP is common among locals. Research Paper Rubric
  • 3. Component 100% 75% 50% 25% 0 Basic Requirements Formatted correctly, at least 500 words in length, citation page and internal citations correct (APA format), at least 2 cited peer reviewed sources. Does not meet required page length, and/or does not have 2 cited peer reviewed sources. Thesis Statement Engaging, challenging, and clearly focuses the paper. Effectively stated in the introduction and carried throughout the paper. Clear and articulate, engaging and clearly focuses the paper, but is not challenging. Is effectively carried throughout the paper.
  • 4. Clearly stated in the introduction, attempts to be engaging, is adequate, but lacks insight and focus, and is carried through the paper. Included in the introduction, but is vague. Lacks insight, focus, and is not carried throughout the paper. Is vague or may be lacking in the introduction; is not focused and lacks development; is not carried throughout the paper. Introduction Strong and effective, it is engaging and clearly defines the thesis, as well as provides a foundation for the body of the paper. Effective and engaging, defines the thesis and provides foundation for the body of the paper. Introduces the topic of
  • 5. the paper and builds a connection between the topic, the thesis, and the body of the paper. Informative but not engaging or strong. Introduces the topic of the paper loosely and includes the thesis statement. Provides little information regarding the topic. Includes little more than the thesis and shows no demonstrable knowledge of the topic of the paper. Content Strongly and vividly supports the thesis and is reflective of strong, thorough research. Illustrates extensive knowledge of the topic. Every aspect of the thesis is supported by quality academic research. Strongly supports the thesis and is reflective
  • 6. of good, thorough research. Illustrates knowledge of the topic, but could be extended. Most aspects of the thesis are supported by quality academic research. Supports the thesis and reflects research, and illustrates adequate knowledge of the topic. Could be extended and shows some gaps in understanding of the topic. Although there may be some inconsistencies with support from quality academic research. Related to the thesis but reflects inadequate research and knowledge of the topic, and demonstrates a lack of understanding. There may be a lack of support from quality academic research. Does not convey adequate understanding of the topic, the research, or
  • 7. the thesis. There are many unsupported aspects of the thesis and the research lacks quality sources. Organization Effectively organized. Logical structure of points and smooth transitions convey both understanding of topic and care in writing. Well organized, but may lack some transitions between ideas. Logical structure of most ideas conveys understanding of topic and composition. Ideas are logically structured, but may lack transitions between ideas. Could benefit from reorganizing 1 or 2 ideas. Some significant gaps in organization are present but the basic framework of ideas is logical. Overall organization could be improved.
  • 8. Much of the paper lacks organization of ideas, making it difficult to understand the ideas expressed in the paper. Citation Format APA format is used accurately as needed throughout the entire paper. APA format is used throughout the entire paper, but may show variations or slight inconsistencies of format. APA format is used throughout the entire paper, but may be noticeably inconsistent in format. APA format is used inaccurately and inconsistently in the paper. APA is not used (regardless of the number of sources or citations). Conclusion Strongly and clearly
  • 9. connects the thesis statement to the research to draw a specific conclusion that does not leave the reader with questions regarding the thesis. Clearly connects the thesis statement and the research to draw a clear conclusion that draws the research to a logical close. Connects the thesis statement and research to draw a conclusion regarding the research. Restates the topic statements throughout the paper. Restates the thesis and the topic statements, but does not draw any specific conclusion about the research or the thesis. There is no conclusion; it restates the thesis at best. Conventions Conventions of standard written
  • 10. English are used with accuracy; there are few, if any, minor errors. Conventions of standard written English are used; there may be several minor errors of usage. Conventions of standard written English are used; however, there may be a few major errors and few minor errors of usage. Conventions of standard written English are used with numerous major errors and several minor errors of usage. The paper shows significant errors in conventions of standard written English. Running head: ANNOTATED BIBLIOGRAPHY 1
  • 11. ANNOTATED BIBLIOGRAPHY 6 ANNOTATED BIBLIOGRAPHY Moshel, R. (2018). Enterprise risk management implementation challenges: A case study in a petrochemical supply chain. Today, a lot of firms are working on implementing ERM in their firms to reduce the impacts of risks. This article is highlights challenges that a firm is likely to face when implementing ERM. This article majorly revolves in the petrochemical firm and highlights the difficulties a firm or a manufacturing industry is likely to phase while implementing ERM. The article highlights the advantages an industry is likely to achieve in implementing ERM as it ensures there is the protection of the
  • 12. company assets and quick response to any risks. As the articles put, it is essential for manufacturing industries to ensure their assets are protected as they play important roles in the economy. These articles highlight most of the challenges organization faces when it comes to implementation of ERM, which includes employee's resistance to change, poor organization culture, lack of qualified personnel and many organizations find no value in implementing ERM. The article tries to explain some of the significant challenges that make organizations reluctant to implement ERM and how organizations can ensure to implement ERM. I believe this article is essential to reference material. The information contained in this article can help other manufacturing companies to effectively come up with better ERM projects by avoiding some of the challenges highlighted in this article. The article is not biased in my view, as it encompasses the thought and contributions of different scholars. Mottaghi, N. (2012). What Leads Firms to Enterprise Risk Management Adoption? A Literature Review. Even without an increase in cyber threats and a lot of insights from researchers, most organizations and firms are reluctant when it comes to the adoption of ERM. This article tries to identify and highlight and identify different frameworks in which different organizations, including manufacturing industries, can apply to enhance ERM adoption. The article highlights some of the considerations that different organizations look at when it comes to adopting ERM, some of this includes firm size, the complexity of the firm, what the firms deal with as well as firms the structure of the firm. This article, in detailed, looks at different factors that are associated with ERM adoption and well factors that fuel the implementation of ERM. This article tries to show different studies by different studies by different authors that have been used to try and understand the compelling reason towards adopting ERM. I believe this article is important as it highlights
  • 13. the reason why most firms are reluctant when it comes to the adoption of ERM and the measures an organization can put in place to ensure effective adopting of ERM. This article serves as a good reference material for firms that are in the process of adopting ERM as it highlights important factors to be put in place when it comes to the adopting of ERM. The article is not biased as it contains different scholars and researcher's contributions. This article will be important in my research as it will help me identify some of the factors that should be considered when it comes to adoption ERM. Kashif Shad, M., & Lai, F. (2019). Enterprise Risk Management Implementation and Firm Performance: Evidence from the Malaysian Oil and Gas Industry. International Journal of Business and Management, 14(9), 47. doi:10.5539/ijbm.v14n9p47 This article looks at the influence of ERM adoption and implementation on the performance of the firm. The article revolves on different public companies and gas and oil industries. To assess the effect of ERM adoption on the performance of the organization, the study collected different organization data applying the content analysis method, putting into consideration the organization's ERM practices as well as the organization's financial performance. To access organizations' financial performance, the study measured the company's return on assets rates. To fully understand and find the importance of ERM adoption in an organization, the study identified eight hypotheses and tested them using different regression analyses. After conducting the study, the team found that ERM plays a key role in supporting an organization in setting its objectives when it comes to monitoring and controlling its activities, supporting its internal environment as well as helping an organization when it comes to predicting about the future. From the finding of this study, it is clear the ERM can help manufacturing companies to achieve its goals and objectives effectively.
  • 14. I believe this is an important study asset and will help me in my project, especially when it comes to data collection analysis and interpretation. Also, the article poses excellent information about the importance of ERM adoption and how firms can benefit from it. The article is clear and thus not confusing, and its arguments are well phrased and easily understandable; therefore, an important resource for my project. SAYILIR, Ö. & FARHAN, M. (2016). Enterprise Risk Management and Its Effect on Firm Value in Turkey. Journal of Management Research, 8(4), 86. doi:10.5296/jmr.v9i1.10124 This article that was published in the year 2017, tries to evaluate the effects of enterprise risk management in more than 130 manufacturing firms operating in Korea. The article starts by clearly defining ERM as an approach that is used when considering risk in business strategy context and how to ensure there is proper risk management. This article tries to explain how an increase in risks has pushed different businesses and industries to come up with different methods and ways to manage risks and remain operational. As the article puts, it is due to this risk that different businesses and industries, including the manufacturing industries, have adopted the use of ERM. The study that was conducted involved different regression channels models to different financial data that was collected from public disclosure platforms for a total of 130 companies. The article highlights different methods that were used to measure the performance of the ERM in various manufacturing companies. According to the finding of the report, the use of ERM enhances the performance of different companies and thus improving firm rating and investors’ confidence. I believe this article is essential in my project, especially when it comes to how to measure the performance of ERM. Also, the article is a better guideline on how to conduct ERM, as well as understanding how different ERM adoption time is likely to affect the performance of an organization. Also, the article exposes me to different methods of analyzing
  • 15. data. Songling, Yang & Ishtiaq, Muhammad & Anwar, Muhammad. (2018). Enterprise Risk Management Practices and Firm Performance, the Mediating Role of Competitive Advantage and the Moderating Role of Financial Literacy. Journal of Risk and Financial Management. 11. 35. 10.3390/jrfm11030035. This article was published in the year 2018 and tried to examine the advantages businesses obtain from ERM, especially in the current times when there is such an increase in the security breaches. The article particularly tries to cover the competitive advantage of ERM and the performance of SME. The study was done in Pakistan, including around 304 emerging markets. The study had several hypotheses that it was testing to fully find out the relationship between ERM and the firm performance. The study involved 304 SME that had less than 250 employees participating in different industries, including the manufacturing industries. The study included mostly structured questionnaires, where managers were involved. The study used various methods to analyze the collected data to come up with a conclusive and insightful conclusion about the data. The study found that there is significant of ERM to the performance of SME. SME needs to have formal policies about ERM practices. Small enterprises need to ensure that their risk reduction as the study found that for microenterprises to perform better, they should adopt ERM practices. Financial education is also paramount and goes hand in hand in with the adoption of ERM for the success of SME. I believe this article will be of great importance to my project. The report exposes me to different methods of data collection and how to analyze the collected data as well as different ways of data correction. This article does not have any contradictions at all. It contains different scholar's ideas and thought and thus a valuable reference material. Alawattegama, K. K. (2018). The Effect of Enterprise Risk
  • 16. Management (ERM) on Firm Performance: Evidence from the Diversified Industry of Sri Lanka. Journal of Management Research, 10(1), 75. doi:10.5296/jmr.v10i1.12429 This study was conducted to study the effects of adopting ERM on the performance of different industries in Sri Lanka. The articles show how different ways in which organizations can apply ERM to improve its services. This article highlights the different ways in which businesses benefit from adopting ERM. The article highlights different methods that can be used in collecting data as well as how to analyze the collected data. This article is particularly important as it has a detailed method of analysis, which has been explained and thus important for a project. According to the study result, ERM is very important in supporting a firm's internal environment, help in coming up with better risk aligned objectives, help in identifying risks as well as how to respond to risk. I believe through the use of this article. It will be of help to my project. The article is peer- reviewed, and thus, the information contained in this article is verifiable and not contradicting at all. Gottwald, W. D., & Mensah, G. K. (2015). Enterprise Risk Management: Factors Associated with Effective Implementation. SSRN Electronic Journal. doi:10.2139/ssrn.2735096 This article highlights the factors that organizations should put in place to ensure there is an effective adoption of ERM. The articles highlight why most organizations are in the process of adopting ERM, but most of them are facing a lot of challenges when it comes to the implementation. According to the article, an organization needs to be able to access and evaluate the various sources of its risks so that it will be able to come up with a better ERM program. These articles highlight the major differences between ERM and traditional risk management. This article is keen to highlight the advantages that different firms get from adopting a holistic risk management practices as well as how to measure different levels of risk management stages.
  • 17. The other important aspect of this article is on how to sample and collect relevant data for the study as well as how to analyze the collected data. This article proves to be an important reference material for my project as it tackles the whole project of ERM in detail, highlighting all its aspects and how it should be implemented. Been a peer-reviewed article and the latest article having been published in the year 2018, I believe it has the right information that pertains to the implementation of ERM. References Alawattegama, K. K. (2018). The Effect of Enterprise Risk Management (ERM) on Firm Performance: Evidence from the Diversified Industry of Sri Lanka. Journal of Management Research, 10(1), 75. doi:10.5296/jmr.v10i1.12429 Gottwald, W. D., & Mensah, G. K. (2015). Enterprise Risk
  • 18. Management: Factors Associated with Effective Implementation. SSRN Electronic Journal. doi:10.2139/ssrn.2735096 Kashif Shad, M., & Lai, F. (2019). Enterprise Risk Management Implementation and Firm Performance: Evidence from the Malaysian Oil and Gas Industry. International Journal of Business and Management, 14(9), 47. doi:10.5539/ijbm.v14n9p47 Moshel, R. (2018). Enterprise Risk Management implementation challenges: A case study in a petrochemical supply chain. Mottaghi, N. (2012). What Leads Firms to Enterprise Risk Management Adoption? A Literature Review. SAYILIR, Ö., & FARHAN, M. (2016). Enterprise Risk Management and Its Effect on Firm Value in Turkey. Journal of Management Research, 8(4), 86. doi:10.5296/jmr.v9i1.10124 Songling, Yang & Ishtiaq, Muhammad & Anwar, Muhammad. (2018). Enterprise Risk Management Practices and Firm Performance, the Mediating Role of Competitive Advantage and the Moderating Role of Financial Literacy. Journal of Risk and Financial Management. 11. 35. 10.3390/jrfm11030035.