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Risk is a possible danger. Ambiguity is something that is not clear. Something that is ambiguous may pose a risk, but the words are not the same.
Wiki User
∙ 14y ago
Wiki User
∙ 13y agorisk= a situation involving exposure to danger ambiguity= uncertainty or inexactness of the meaning of language
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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.
What is the difference between the traditional risk management and enterprise risk management?
The differences between traditional risk management and enterprise risk management are their strategic applications and performance metrics. Enterprise risk management involves the whole organization while traditional risk management is usually more departmentalized.
What is the difference between crisis management and risk management?
Risk management involves predicting potential threats and determining the best strategy to deal with those threats, crisis management involves dealing with threats after they have occurred.
Is risk management about controlling risk not avoiding risk?
Avoidance is the best means to control the risk.If your efforts at avoiding the loss are successful it means you will save your business from the loss.That's why avoidance is considered as the first step in risk management process.But there is a difference between avoiding risk and accepting risk.Avoiding risk means that you are not going to do anything with the risk.But in accepting the risk you are actually doing something as you have accepted its impacts.
What is the difference between feedback and control?
difference between feedback and control
What is Difference between wholesaler and retailer on the basis risk?
what is Difference between wholesaler and retailer on the basis risk?
What is the word meaning unable to tell the difference between male or female?
androgynous, or sexual ambiguity.
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 is the difference between risk behavior and risk situation?
Risk behavior refers to actions or activities that increase the likelihood of potential harm or negative consequences. On the other hand, risk situation refers to circumstances or environments that expose individuals to potential danger or harm. Risk behavior involves individual choices and actions, while risk situation relates to external factors that may increase the likelihood of harm.
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 the difference between clarity and ambiguity?
Clarity means "Perfectly clear - no mistaking it for anything else". Ambiguity means "Somewhat vague - could mean several different things, not clear".
What is the difference between ambiguity and irony?
Ambiguity refers to a lack of clarity or uncertainty in meaning, where a word, phrase, or situation can be interpreted in multiple ways. Irony, on the other hand, is when there is a discrepancy between what is said and what is meant, often resulting in a humorous or sarcastic effect. While ambiguity involves multiple possible interpretations, irony involves a contrast between literal and intended meaning.
What is the difference between a risk and a benefit?
a risk is taking a chance and a benefit is benfiting from it
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
