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The real risk to an organization is in the unanticipated

"The real risk to an organization is in the unanticipated or unexpected - exactly what quantitative measures capture least well" Coleman T, (2011), A practical Guide to Risk Management, The CFA Institute, p202.
Required: Describe a model that is considered to be important in the area of financial risk modelling. Discuss the advantages and limitations of this model in a practical risk setting.

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Management Theories: The real risk to an organization is in the unanticipated

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Management Theories: The real risk to an organization is in the unanticipated

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