Question: A good operational risk management system, fully embedded in the business, will . . . a . ensure that changes made to business processes have
A good operational risk management system, fully embedded in the business, will
a
ensure that changes made to business processes have the best chance of delivering the desired positive impact.
b
allow a firm to monitor its risks and controls in a way that allows trends to be identified quickly and action to be taken promptly.
c
prevent any blindness of risk which may affect the profitability of a business line or transaction.
d
be reflected in a firms credit rating.
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