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QUESTION 1 (25) With the aid of examples from different organisations, discuss what you understand by the term full risk models and the criticisms of
QUESTION 1 (25)
With the aid of examples from different organisations, discuss what you understand by the term full risk models and the criticisms of full models.
QUESTION 2 (25)
4.1 With the aid of practical examples, compare and contrast simulation and risk modelling. (10)
4.2 Discuss ANY THREE (3) key challenges an organisation encounters in the implementation of full risk modelling activities. (15)
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