RSK4801 Assignment 4 (COMPLETE ANSWERS) 2024 - DUE 4 October 2024
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Course
Operational Risk Management
Institution
University Of South Africa
Book
Mastering Operational Risk
RSK4801 Assignment 4 (COMPLETE ANSWERS) 2024 - DUE 4 October 2024
RSK4801 Assignment 4 (COMPLETE ANSWERS) 2024 - DUE 4 October 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. . Since 2020, many incidents and events have caused organisations to adopt a focused approach towards ris...
3.1.Identify external risks that could influence the company
and the potential consequences of the company’s main
business and determine risk control/mitigation measures
for each risk.
TABLE 1
Risk/Cause Consequence Control Measure
Reduced Invest in renewable
1 Energy Crisis
productivity due to energy solutions
(Loadsheddin
power outages, (solar panels, wind
g)
increased energy) and backup
operational costs power systems.
from reliance on Establish contracts
generators, and with alternative
potential loss of energy suppliers to
foreign investment. reduce
dependency on the
national grid.
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