Governance structures are the formally approved organisational risk management structures and committees that govern operational risk management. In light of this definition above, explain the two components of the governance structure for operational risk.

Governance structures are the formally approved organisational risk management structures and committees that govern operational risk management. In light of this definition above, explain the two components of the governance structure for operational risk.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

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Governance structures are the formally approved organisational risk management
structures and committees that govern operational risk management.

In light of this definition above, explain the two components of the governance
structure for operational risk.

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