Even though all the passengers of the Oceanos were saved, what reputational damage may […]
Category: RSK 4801
Risk exposure, System risk, Process risk.
Risk Exposure According to NTT (2021), risk exposure refers to the size or potential future […]
Strategic Business Decisions.
Question 3 Discuss two strategic business decisions that led to operational risk in the case […]
Operational Risk Factor.
Define “operational risk” and explain each operational risk factor in detail. Identify and discuss […]
Defensive approaches towards extreme events.
The sinking of the Oceanos can be seen as an extreme event. Comment on the […]
Internal Risk vs External Risk
Explain the differences between internal risks and external risks, as they are used in operational […]
Risk appetite and Risk tolerance
Explain the concepts of risk appetite and risk tolerance with examples. As regulators and the […]
Three lines of defence model.
The first line of defense: Business line management Management is responsible for the day-to-day operations […]
Benefits of Operational Risk Management
The Benefits of Operational Risk Management Before you decide whether or not you want to […]
Reputational risk
By definition, reputational risk refers to the potential for negative publicity, public perception, or uncontrollable […]