QUESTION 2

Different organisations are exposed to various risks, which may differ from one another. The two main risk categories being Non-financial Risks and Financial Risks.

Categorise and discuss the following risks in detail with particular reference to the different types of risks associated with each risk category. Provide relevant examples.

i) Definitions for Non-financial and financial risks

8 marks

ii) Liquidity risks 5 marks

iii) Strategic risks

5 marks

iv) Market risks

6 marks

v) Reputational risks 6 marks

vi) Credit risks

5 marks

vii) Legal risks

3 marks

viii) Operational risks 2 Marks