Answer to Question #318599 in Management for PRIYA RAJPUT

Question

As a product manager you are responsible for a new hand sanitizer launched recently by your company, Health and Hygiene Ltd. Most of your business is offline through channel partners. You are considering a hybrid model of offline as well as online distribution channels (ecommerce platform). Prepare a note for your Marketing Head identifying five financial and five operational risk involved and classify them as high, medium and low, so that the reputation and stated values of your company are protected.

Answer 1

There are 5 main types of financial risk: market risk, credit risk, liquidity risk, legal risk and operational risk.

There are five categories of operational risk: people risk, process risk, systems risk, external events risk, and legal and compliance risk

All of them can be ranked as medium