Risk is defined as “A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action.” by the Business Dictionary, and I agree with that. I also think that risk is necessary to learn new things, and succeed in different aspects of life, but there is a difference between a controlled risk, and a risky risk. There is a difference between jumping from a cliff headfirst without checking, and looking down and making sure there is enough water. Risk is good, if it is accounted for, and there are measures taken to minimize the chance of it happening on the worst possible level.

Risk Level and Management:

Uploaded To: Math Addict

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