Risk tin endure defined inwards unlike ways. This is too because every human action is associated amongst risk in addition to everyone defines risk inwards the low-cal of his ain peculiar experience. Influenza A virus subtype H5N1 Definition of risk, which is acceptable to 1 aeroplane of people, may non endure acceptable to about other aeroplane of people. So in that place is no unmarried universally accepted Definition of risk.
For example, risk has been variously defined of risk.
1 Risk is the risk of loss
2 Risk is the mightiness of loss
3 Risk is the difference of actual final result from the expected
4 Risk is the ability of whatsoever consequence beingness deferent from the expected out come
5 Risk is the status inwards which a possibility of loss is exists
6 Risk is the doubtfulness of loss
For our purpose, nosotros tin define risk equally doubtfulness of loss. That is risk is the doubtfulness of loss. This is a elementary Definition of risk
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