Question: 21. Operational risk arises from the potential for failure: A. From operating the business B. In the course of regulating the business C. From environmental

21. Operational risk arises from the potential for failure: A. From

21. Operational risk arises from the potential for failure: A. From operating the business B. In the course of regulating the business C. From environmental factors outside the control of the firm D. From new strategic initiatives developed internally 22. Developing a in-house Risk Management systems have the advantages of: : A. Cheapness because of economies of scale B. Cheapness because of the expertise C. Immediate functionality D. Flexibility 23. Business risk includes: A. Product risk B. Macroeconomic risk C. Technological risk D. All of these

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