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a risk is taking a chance and a benefit is benfiting from it
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∙ 14y ago
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The difference between formal and informal risk assessment?
explain the difference between formal and informal risk assessments
What is an optimum conditions?
the balance between benefit and cost with the largest difference.
What is the difference between commensalism and mutualism?
The Difference between mutualism And commensalism is that mutualism is a relationship between two species in which both species benefit and Commensalism is a relationship between two organisms in which one organism benefits and the other is unnaffected.
What is a risk and benefit analysis?
A risk benefit analysis simply means to compare the risks and benefits that a given activity will yield. The purpose is to essentially determine if an activity as "worth it".
What is the difference between a perceived risk and an actual risk?
A perceived risk is a risk in which one thinks of that might happen before commiting an action involving that risk. An actual risk is a risk that has a better likelihood of happening. For example, getting a splinter is a perceived risk while walking barefoot. However, an actual risk is a car crash.
What does profit?
Profit means the difference between revenues and expenses. This left over amount is the business owner's reward for the risk they took in undertaking the business.
What is Difference between wholesaler and retailer on the basis risk?
what is Difference between wholesaler and retailer on the basis risk?
What's the difference between a pension and a 401k?
The biggest difference between a 401(k) plan and a traditional pension plan is the distinction between a defined benefit plan and a defined contribution plan. Defined benefit plans, such as pensions, guarantee a given amount of monthly income in retirement and place the investment risk on the plan provider.
What is difference between constraint an risk?
A constraint is a limitation that is visible and present. The difference between a constraint and risk is that a risk is problem that is not yet seen, or a potential problem.
What are the difference between political risk and country risk?
they are the same
What is the difference between transaction risk and economic risk?
Transaction is bank risk
What is risk-benefit analysis?
Risk-benefit analysis is the comparison of the risk of a situation to its related benefits
What is the difference in risk assumed between participating and non-participating policies?
What risk? Assumed by who?
What is the difference between mitigation and remediation?
Reduce the impact of risk is MitigationRemoval of risk is Remediation
The difference between formal and informal risk assessment?
explain the difference between formal and informal risk assessments
What is the difference between symbiosis and mutualism?
the difference is is that symbiosis could either be 1 or both organisms benefit but both organisms must benefit for it to be a mutualism.
What is the difference between a 'policy' and a 'framework' specifcally in the context of risk management?
What is the difference between Education framework and plicy.
