Businesses face several operational risks.One operational risk is the risk associated with deviations from the organization's regular practices and procedures.This risk is called
A)systems risk.
B)process risk.
C)people risk.
D)external event risk.

Question

Quizplus · Accepted Answer

Deviations from regular practices and procedures are primarily related to the process followed by the organization, which makes it a process risk. Systems risk is related to the technology and software systems used by the organization, people risk is related to the employees, and external event risk is related to external factors like natural disasters, political instability, etc.

Businesses Face Several Operational Risks