Question

Discuss the difference between internal risks and external risks. List sources of risks in each of these categories.

Answer 1

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Understand the difference between two types of operational risk – internal risk and external .

Internal risks are faced by a company from within its organization and arise .

For example, a technological risk that a business may face includes : internal risks by hedging the exposure to these three risk types

Answer 2

Explanation:

Understand the difference between two types of operational risk – internal risk and external .

Internal risks are faced by a company from within its organization and arise .

For example, a technological risk that a business may face includes : internal risks by hedging the exposure to these three risk types