The term Risk refers to a probable critical and unwanted situation that may take place any time and may cause any kind of harm. Visionary people in course of avoiding this unwanted situation analyze the situation, assess the grievousness of the risk, this affair is known as risk assessment. After the risk assessment next step is risk management, in this episode the steps are taken to prevent this unwanted situation and if the situation can not be prevented in any case then minimize the effect and losses of the risk. Risk may be any kind caused by human being, nature ...
Essays on Grievousness
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