Loss of Reputation Is a Type of Operational Risk to a Financial

question 60

True/False

Loss of reputation is a type of operational risk to a financial institution.

---

Definitions:

Consistency Motive

An innate drive to maintain harmony and consistency in one’s beliefs, attitudes, and behaviors.

Affiliation Goal

An individual's drive to belong or be connected to others, often influencing their behavior and choices.

Injunctive Norms

Social rules that define what behaviors are perceived as acceptable or unacceptable within a society or group.

Subjective Norms

Individual beliefs about whether people important to them approve or disapprove of a specific behavior, influencing their intentions and actions.