Improving workplace health & safety through collaboration

Risk

Principal Author / Publisher:Safetyhow Admin
Article Rating:
Body
Risk is a reasoned view of the future that can be calculated, prevented and controlled. - BCT

Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable outcome). The notion implies that a choice having an influence on the outcome exists (or existed). Potential losses themselves may also be called "risks". Almost any human endeavor carries some risk, but some are much more risky than others.
  • ejf28f6bf7424dc36a114c7599c75813fd.jpg
RISK MANAGEMENT

The process of identification, analysis and either acceptance or mitigation of uncertainty in investment decision-making. Essentially, risk management occurs anytime an investor or fund manager analyzes and attempts to quantify the potential for losses in an investment and then takes the appropriate action (or inaction) given their investment objectives and risk tolerance. Inadequate risk management can result in severe consequences for companies as well as individuals.


  • u434ab791805b593613dee4c9392c6df46.jpg

References
Industries
Categories
Keywords
Article Rating

This article has been read 1199 times.

DISCLAIMER: All contents published on this website is for informational purposes only. In as much as we encourage write-ups to be originally written by the claimed authors, we might not be able to control those who will try to copy articles from other authors/writers. In view of the above, the owner and management of Safetyhow.com will not be liable for any loses, injuries, or damages from the display or use of the contents herein. Likewise, the owner and management will not be liable for any errors or omissions in the information stated. Furthermore, we highly recommend that any form of plagiarism or libel committed as a result or implication of the articles written by any specific author in this platform be reported to us immediately so that appropriate action will be given.

BROWSE ARTICLE BY CATEGORY

BROWSE ARTICLE BY INDUSTRY