Hazard; danger; peril; exposure to loss, injury, or destruction., Hazard of loss; liabillity to loss in property., To expose to risk, hazard, or peril; to venture; as, to risk goods on board of a ship; to risk one's person in battle; to risk one's fame by a publication., To incur the risk or danger of; as, to risk a battle.
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.
Objective Risk Management is not a common term in Risk Management, it's mainly used by companies to promote their Risk Management services by adding the word "Objective" to it. It has no specific meaning.Answer: Risk management is Assessment of risks that arise and then taking safety measures in place to control them and then making sure they work in practice. Its primary objective is to help the daily decision making and implementation process by identifying and managing the uncertainities.
risk planning, risk identification, risk handling, risk monitoring
The five steps are: Identify the risk Analyse the risk Evaluate or rank the risk Treat the risk Review the risk
According to my opinion or my experience risk insurance and risk insurance management are differ from each other. Risk Insurance is the risk that is insured Risk Insurance Management Consist of process How the Risk can be manage it include prevention of risk and minimization of risk and many other proces.
you are smart
Jeopardized.
The meaning of the word "cedant" is someone who takes some of the risk for an undertaking. They act as an insurer to the person taking the risk in exchange for a cut of the benefits.
The Swahili word "hatari" translates to "danger" or "risk" in English. It is often used to indicate a situation that is potentially harmful or hazardous.
Risk-taking means taking actions which might have unpleasant or undesirable results.
dare
Bell the cat = take the risk.
some possible risk of an enterpreneur
The word is perilous. It means full of risk and danger.
The term insurance means the transfer of risk from one person to another, usually a company specializing in the insurance industry. You can transfer any type of risk be it the risk of wrecking your automobile, the risk of dying, the risk of a storm damaging your home. The type of risk dealt with in insurance is always the risk of financial loss.
Technology risk or technological risk is the experience of loss from activities like manufacturing, design, test procedures and technological procedures. This danger can be caused by breakdowns or normal operation.
Risk Taking is important in the concept of Entrepreneurship because you cannot gain something without taking a risk. Risk taking is taking a chance on an outcome, not blindly, but by weighing the possible outcomes based on the available information you have.