D is correct.
Processes are the sequences of value-adding
and managerial activities undertaken by the company.
Process risk relates to disruptions to these processes.
https://globaljournals.org/GJRE_Volume14/3-Risk-Assessment-and-Management.pdf
D.
Process Risk
Processes are the sequences of value-adding
and managerial activities undertaken by the company.
Process risk relates to disruptions to these processes. It
affects a firm’s internal ability to produce and supply
goods/services, which results from the consequences of
a breakdown in a core operating, manufacturing or
processing capability. It includes.
• Manufacturing yield variability
• Lengthy set-up times and inflexible processes
• Equipment reliability
• Limited capacity/bottlenecks
• Outsourcing key business processes
Reference : https://globaljournals.org/GJRE_Volume14/3-Risk-Assessment-and-Management.pdf
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