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Qualitative risk analysis involves identifying and describing potential risks, assessing their likelihood of occurrence and potential impact on organisational objectives, and determining their relative priority

Qualitative risk analysis involves identifying and describing potential risks, assessing their likelihood of occurrence and potential impact on organisational objectives, and determining their relative priority based on the severity of their impact. In light of this statement, examine the primary methods that can be utilised in conducting qualitative risk assessments with practically examples based on the ABSA REPORTS BIG JUMP IN DIGITAL AND CARD FRAUD.

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