week 6

simple example of Operational Risk

Running an Online Store


risk: Order Fulfillment Issues

1. Stock Errors: Selling items that are out of stock.

2. Shipping Delays: Packages arriving late.

3. Order Mix-Ups: Customers getting the wrong items.


solutions

1. Inventory Checks: Regularly update stock levels.

2. Reliable Shippers: Use trustworthy shipping companies.

3. Order Verification: Double-check orders before shipping.

This assists guarantee seamless functions and satisfied clients.

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