GEB 3422 Rasmussen College Plan for Managing Operational Failures Paper

Question Description

I’m working on a Marketing report and need support to help me study.

Evaluate the components of operational risk and the application of corresponding risk management plans

Provide a report to the supervisor which provides a framework for managing operational risk exposures

1. A thorough explanation with specific examples, provide details why operational losses cannot be broadly managed.

2. A thorough explanation, with relevant examples, of why operational losses need to be categorized

3. For each operational risk exposure listed provide two examples of potential losses from exposure AND thorough explanations of why there is a need to manage each:-

Internal fraud

External fraud

Damage to physical assets

Clients, products, and business practices

Business disruption and system failures

Employment practices and workplace safety

4. Conclusion uses specific examples with full explanations show how effective management of operational risk exposures aligns with organizational effectiveness.

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