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Risky Thinking
– On Risk Assessment, Risk Management, and Business Continuity
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| Home / Risk Glossary / Risk | 2 September, 2010 | |
Risk (Definition)
Risk is sometimes separated into pure risk — where the only possibility to be considered is that of loss — and speculative risk — where there is a possibility of gain as well as loss. From a business perspective, these distinctions are rarely useful since running a business (and all the risks that are involved) are speculative risks. Risky Thinking Newsletter Are you responsible for Business Continuity, Disaster Recovery, or Risk Management in your organization? Then you may wish to receive a free subscription to the the monthly Risky Thinking Newsletter. It contains news, opinions and articles of interest to people working in these areas. View a sample issue, or click here to subscribe. Recent articles have included: It hasn't been a good summer for the food industry in North America, with major outbreaks of Salmonellosis and Listeriosis. What can we learn from these even if we aren't in the food industry?
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