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risk:

. . . the persistent but ever changing factors of uncertainly that accompany the state of being or the process of acting or doing in the course of everyday existence. Risk is everywhere.

You will find various types of risk takers among .network core users.

Savvy business decision makers engage in risk management. They take calculated risks. Using methodical approaches, they make strategy decisions in order to avoid vulnerability to day-to-day business setbacks as well as deleterious black swan events.

The University of California website provides information about enterprise risk management (acronym: ERM). Among its resources ia a Guide to Enterprise Risk Management with a section titled, What are the elements of risk management infrastructure, why are they important and how are they considered? Adjusting to risk vulnerability in the competitive free market economy requires having reliable market intelligence. The alternative is to either react or take a course of action based on a hunch.

The definition of risk vulnerability is intuitive according to an article in Theory and Decision published online in 2009: Risk vulnerability: a graphical interpretation.

A risky course is the progress one makes along a path of calculated or uncertain danger.



 
 
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Economic Development Services, Inc. -- copyrights and all rights reserved / 06/09/2014