Enterprise Risk Management
1. List three tasks or management areas in a financial institution that are: a. Simple b. Complicated c. Complex Briefly explain your reasoning behind why you think each of your three tasks falls into the system type that you put it in.
Part 2 of the question : For the tasks that you listed , explain what the implications are for risk management. That is, how do risk management strategies and / or tactics need to change depending on whether a system / task is simple, complicated or complex?