Risk
possibility of loss (failure) or gain (success)
What is Business Risk?
Production has been stopped because workers are not coming to work.
what is an operational risk?
bliaazrds
What is a an hazzards risk?
a warranty that covers my product?
what is transferring a risk?
not being aware of a business risk
What is retaining a risk?
hazardous working conditions
what is a hazards risk?
staying away from a high crime rate community.
what is avoiding the risk?
businesses install security cameras, dead-bolt locks,
security bars, and burglar alarms
what is preventing a risk?
the risk is small
what is keeping the risk?
usinesses
spend a lot of money on insurance to protect themselves from the risk of damage or loss.
what is transferring a risk?