1. Risk Management
It is agreed that individuals have the choice to accept or ignore a risk or level of risk. ... For example someone involved in a car crash yesterday is conscious of the risk involved in driving a car today. ... For example the floods in Europe are of no risk threat to Australia and so we do not consider them high risk. ... Avoidance of a risk may depend on ease of someone remembering the potential outcomes of risk, it is also important to consider the way risk is described to individuals in clear terminology. ... Ratio of benefit to risk is the concept that outrage is increased when people...
- Word Count: 1203
- Approx Pages: 5
- Has Bibliography
- Grade Level: High School