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Model risk exposes an organization to subjective decision making. There is an element of the human factor in model risk. Based on your reading, research, and lecture notes develop a 3-4 page paper explaining the human component in model risk and, as a consultant, list which business departments you would build relationships with to help minimize those risks.

How would you utilize those departments? Feel free to share information learned from previous courses (such as Human Resources, Training and Development, Accounting, Finance, etc).

Make sure any outside research sources are cited in APA format (on the reference page and in the text).

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