Define operational risk, Business Management

Assignment Help:

QUESTION

Globalization and deregulation in financial markets, combined with increased sophistication in financial technology, have introduced more complexities into the activities of banks and therefore their risk profiles. These reasons underscore bank's and supervisor's growing focus upon the identification and measurement of operational risk.

a) Define Operational risk.

b) Give two examples of operational risk associated with e-banking and explain how each could be manifested.

c) How can e-banking increase the level of operational risk for a financial institution?

d) How can a financial institution control operational risks?


Related Discussions:- Define operational risk

Marketing performance, Given the fact that a firm survival depends on its c...

Given the fact that a firm survival depends on its capacity to create value, and value is defined by customers (Day, 1990), marketing makes a fundamental contribution to long-term

National industrial relations system, QUESTION You have been asked to a...

QUESTION You have been asked to accept an international assignment that involves working in Nigeria for 2 years. Following the general trend, your employer will not provide a p

Describe the common types of conflicts that usually arise, QUESTION Acc...

QUESTION According to Theologian Max Lucado, conflict is inevitable at the workplace, but combat is optional. However, communication theorists advocate that communication skill

Consumer behaviour when making a purchase, Describe briefly the main stages...

Describe briefly the main stages included in the (rational) process of consumer behaviour when making a purchase.   Problem/Need recognition The purchasing process is a pro

Managing public and private welfare institutions, QUESTION (a) Managing...

QUESTION (a) Managing Public and Private Welfare Institutions has assumed major importance in the modern era. Discuss this statement giving suitable examples. (b) Welfare In

Define business process benchmarking, Question 1: (a) Define Business ...

Question 1: (a) Define Business Process Benchmarking and explain why it is used in a company. (b) Describe four types or forms of Benchmarking methods. Give one a

Problem based on olympic games 2012, Olympic Games 2012 a) Revenue ex...

Olympic Games 2012 a) Revenue expenditure is spending on the daily running of a business, such as materials and wages used in the preparation for the 2012 Olympic Games. Ca

Just-in-time inventory control system, Plants : Numbers changes occur about...

Plants : Numbers changes occur about the plant which include plant layout multi function workers, demand pull production kanbans self inspection MRP ( material requirements pla

Knowledge management, 1. Discuss the extent to which knowledge building thr...

1. Discuss the extent to which knowledge building through research, development and innovation can generate benefits to both firms and the economy. 2. Why do firms find it necessar

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd