What is the difference between quantitative and qualitative approaches in ERM? P

What is the difference between quantitative and qualitative approaches in ERM? Provide specific examples of reporting methods that can be used in both approaches. Is one approach better than the other? Explain. Your response should be minimally two pages double space (Times Roman, font size 12). There should be minimally 3 references from credible sources in APA format. The bibliography should be included as a separate page and is not part of the 2 page requirement.