Risk is a potential problem. Any problem which may occur in future is know as risk
Suleman Munir
AbacusConsultin


Risk can also be called as an level of uncertainity.

kakara.s.v.r.k.chowdary.
mba student

Risk that effects a single company is called unsystematic risk. This type of risk may be diversified away by incorporating non-correlating assets into a portfolio. Unsystematic risk differs from systemic risk, which are risks that effect all companies regardless of their industry or sector and cannot be diversified away.

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Risk Management involves the identification and analysis of loss exposures to persons and entities. It also addresses the kinds of actions that may be taken to minimize the financial impact of those risks, such as risk avoidance, risk reduction and risk transfer.

Risk Management literally refers to the management of the Projects Risk. However, the official definition is:

Risk Management is the act of increasing the probability & impact of positive events and decreasing the probability & impact of adverse events within a project.

Risk management consulting is an integral part of many Professional Employer Organization offerings. These PEO companies can try and limit financial losses by identifying specific risks, determining your company's vulnerability to each risk, and creating contingency plans that address each risk.

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