Operational Risk Management
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High Quality Content by WIKIPEDIA articles! The term Operational Risk Management (ORM) is defined as a continual cyclic process which includes risk assessment, risk decision making, and implementation of risk controls, which results in acceptance, mitigation, or avoidance of risk. ORM is the oversight of operational risk, including the risk of loss resulting from inadequate or failed internal processes and systems, human factors, or from external events. The role of the Chief Operational Risk Officer (CORO) continues to evolve and gain importance. In addition to being responsible for setting up a robust Operational Risk Management function at companies, the role also plays an important part in increasing awareness of the benefits of sound operational risk management.
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GarantieWeitere Informationen
- Allgemeine Informationen
- GTIN 09786130487362
- Editor Lambert M. Surhone, Miriam T. Timpledon, Susan F. Marseken
- EAN 9786130487362
- Format Fachbuch
- Titel Operational Risk Management
- Herausgeber Betascript Publishing
- Anzahl Seiten 136
- Genre Wirtschaft
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