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Internal Fraud Essays

Plan for Managing Operational Failures

Introduction As a private insurance carrier specializing in higher-risk policies for sports cars and motorcycles, LTD Acceptance faces significant operational risks that could lead to failures, compromising profitability. As requested by shareholders, this report outlines a plan for proactively managing exposures to operational failures to ensure continued organizational effectiveness. Categorizing Operational Losses Broadly managing all ... Read More
Pages: 3       Words: 708

Managing Operational Risk

Introduction Most modern-day businesses offer a competitive edge due to increased innovation and creativity. Therefore, survival in today’s fast-paced corporate world requires operational risk management. Planning is needed to avoid supply chain delays, corporate fraud, and other operational risks that may lead to business failure (Clark & Ebrahim, 2022). This paper describes functional risk classification ... Read More
Pages: 6       Words: 1538
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