Process risk
id:
process-risk-294-7973879
title:
Process risk
text:
Process Risk is considered to be a sub-component of operational risk. It exists when the process that supports a business activity lacks both efficiency and effectiveness, which may then lead to financial, customer, and reputational loss. This form of risk may be present within any stage of a business transaction. For instance, an error in pricing may be seen as loss in sales revenue, while a disruption in the fulfillment process may cause financial losses in terms of production quality and cust
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Process_risk
date created:
date modified:
2023-06-25T12:24:19Z
main entity:
{"identifier":"Q60794044","url":"https://www.wikidata.org/entity/Q60794044"}
image:
fields total:
13
integrity:
13