What is a Risk? 10 definitions from different industries and standards Common to most definitions of risk is uncertainty and undesirable outcomes Definitions of risk range from narrow definitions to wide definitions This table lists ten (10) definitions of risk from different industries and standards
Risk - Wikipedia Risk involves uncertainty about the effects implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences [2] Many different definitions have been proposed
What Is Risk Management Why Is It Important? | HBS Online Risk management is the systematic process of identifying, assessing, and mitigating threats or uncertainties that can affect your organization It involves analyzing risks’ likelihood and impact, developing strategies to minimize harm, and monitoring measures’ effectiveness
6 Types of Risks in Risk Management - Management Types of Risks 1 Financial Risk – the possibility of losing money; 2 Operational Risk – a breakdown in a company’s operations; 3 Strategic risk- an event that threatens a company’s strategy; 4 Environmental Risks – events outside of the company; 5 Reputational Risk – when there is damage to a company’s reputation; 6
108 Types of Risk - Simplicable Risk is the potential for future losses This is the result of the uncertainty that inherently surrounds all decisions, strategies, actions and inaction Risks include business risks, personal risks and other types of risk such as risks to a society The following are common examples of risks The potential for losses of wealth or future income
RISK | English meaning - Cambridge Dictionary In this business, the risks and the rewards are high There's a high risk of another accident happening in this fog [ + (that) ] The risk (that) we might fail made us work twice as hard [ + -ing verb ] It's always a risk start ing up a new business The company is quite a good risk (= safe to lend money to)
risk - Oxford Learners Dictionaries in danger of something unpleasant or harmful happening As with all diseases, certain groups will be more at risk than others If we go to war, innocent lives will be put at risk at risk of (doing) something Journalists in the zone are at serious risk of being kidnapped
What Is Risk? Definition, Types and Examples - TheStreet In a nutshell, business risk is the exposure a company has to various factors like competition, consumer preferences and other metrics that might lower profits or endanger the company's success