Risk Management
All businesses take risks based on two factors: the probability an adverse circumstance will come about and the cost of such adverse circumstance.
Read more about this topic: Market Risk
Famous quotes containing the words risk and/or management:
“The effect of liberty to individuals is that they may do what they please: we ought to see what it will please them to do, before we risk congratulations.”
—Edmund Burke (1729–1797)
“People have described me as a “management bishop” but I say to my critics, “Jesus was a management expert too.””
—George Carey (b. 1935)