Question

mr. singh placed an online order on Flipkart for the phone but even after 10 Days the product was not delivered on inquiry it came to know that it was delivered at a wrong address . identified the type of risk involved in it

Answer 1

it is online risk!

Mr.Singh had lost his money by a small mistake by giving wrong address

Answer 2

Answer:

Operational risk.

Step-by-step explanation:

The above risk is not inherent in financial, systematic or market-wide risk. It is the risk remaining after determining financing and systematic risk, and includes risks resulting from breakdowns in internal procedures, people and systems. hence, the materials delivered to wrong address is Operational risk.