# Business Operations Risk

**IRI:** https://folio.openlegalstandard.org/RCHQU61QnQdh5rS6gNc4tsi

## Labels

## Definition

Business Operations Risk refers to the potential for losses or disruptions that may occur in a company's daily activities, processes, or systems. These risks can stem from various sources, such as technology failures, human errors, or supply chain disruptions, ultimately impacting the organization's overall performance and profitability.

## Sub Class Of

- https://folio.openlegalstandard.org/RxTxaN981tLTsN82qPBcp

**Is Defined By:** https://www.canada.ca/en/treasury-board-secretariat/corporate/risk-management/taxonomies.html

**Deprecated:** False