the non financialrisks are of many types susch as
1) risk to your life
2) legal risk
3) reputation risk
The word is spelled either as one word nonfinancial (nonfiscal) or hyphenated non-financial.
nonfinancial
i found on the net that it was nonfinancial
Nonfinancial performance measures, such as customer satisfaction or employee engagement, should not be used in isolation to evaluate an organization's overall performance. These metrics lack a direct financial correlation and may lead to misleading conclusions if not considered alongside financial data. Additionally, focusing solely on nonfinancial metrics can overlook crucial financial factors that drive sustainable growth and profitability. Therefore, a balanced approach that integrates both financial and nonfinancial measures is essential for a comprehensive assessment of performance.
nonfinancial measures include information on such items as revenue percentage per employee, employees who have contact with customers, satisfied customers, research and development costs
Operating Level.
Allen Sweeny has written: 'Budgeting fundamentals for nonfinancial executives'
A budget is a quantitative plan of operations that identifies the resources needed to fulfill the organization's goals and objectives. It includes both financial and nonfinancial aspects.
Information in an assurance service can be financial or nonfinancial, historical or forward-looking, discrete data or information about systems, internal or external to the decision maker.
Performance is measured by a financial or nonfinancial indicator that is causally related to the performance (adding value to a product or service) of an activity and can be used to manage and improve the performance of that activity.
Nonfinancial incentives, such as recognition programs, flexible scheduling, and opportunities for skill development, can significantly enhance job satisfaction for hourly shop workers in a waterway environment. By fostering a positive workplace culture and showing appreciation for employees' contributions, organizations can boost morale and loyalty. Additionally, providing avenues for career advancement and personal growth may encourage workers to stay longer, reducing turnover and associated training costs. Ultimately, these incentives can create a more engaged and committed workforce.
risk planning, risk identification, risk handling, risk monitoring