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Operational Risk Control with Basel II
book

Operational Risk Control with Basel II

by Dimitris N. Chorafas
November 2003
Intermediate to advanced content levelIntermediate to advanced
400 pages
12h 48m
English
Butterworth-Heinemann
Content preview from Operational Risk Control with Basel II
334 Operational Risk Control
Tools like market research and analysis help to decrease product risk by foreseeing
the economic future of one’s products. Through R&D a firm may develop new and
better products, and hold its share in an expanding market. To minimize product risk,
management must answer, in an effective manner, the questions: when, what, and
how.
When, what, and how are crucial queries for an economy to expand and improve,
but still more is required in a post-industrial economy.
This ‘more’ is rigorous risk control because the New Economy prospers by taking
major risks, and by managing change.
All societies change, but change in pre-industrial ...
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Publisher Resources

ISBN: 9780750659093