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

What are functions are included for the industrial manager, What are functi...

What are functions are included for the Industrial Manager? The Industrial Manager is included in the illustrated functions as follows: a.    design products which will find a

BUSINESS PLAN, L NEEP HELP TO DETERMINE THE PRICE OF CONCIERGE SERVICE TO T...

L NEEP HELP TO DETERMINE THE PRICE OF CONCIERGE SERVICE TO THE SENIORS AND NURSING MOTHERS

Differentiate between a work group and a work team, Problem: (a) Diff...

Problem: (a) Differentiate between a work group and a work team. (b) Explain clearly the different types of team in organisation. (c) Referring to your organization o

What is the prime aim of a good inventory control, What is the prime aim of...

What is the prime aim of a good inventory control? A good inventory control will aim to: 1. Procure material of good quality within time 2. It doesn’t to face shortage of

What are the restrictions of the matrix organisation, What are the restrict...

What are the restrictions of the matrix organisation? Restrictions of matrix organization: a. Matrix organization violates the principle of unity of command as a person w

Explain the communication cycle, QUESTION (a) What do you understand by...

QUESTION (a) What do you understand by ‘Communication' and ‘Organisational Communication'? (b) Work requires communication. Why do workers communicate? (c) Describe the v

Policies about ethical behavior and ideas, Policies about Ethical Behavior ...

Policies about Ethical Behavior and Ideas This company has global code of conduct that reflects its ethical behavior and ideas. In global code of conduct, the company include

Illustrate the total quality management briefly, Illustrate the Total Quali...

Illustrate the Total Quality Management briefly. Total Quality Management (TQM) is a system approach to quality within all spheres of the organisation. TQM implies meeting the

Quantitative analysis for managerial decision making, what is the role and ...

what is the role and significance of quantitative techniques in modern management?

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