Accepting risk is the realization that a risk has the, Ask an Expert

Management Studies

Accepting risk is the realization that a risk has the potential to cause more good than harm. Meaning that the risk might be minimal in comparison to the impact of the risk.

ex; if a risk includes new and old computer software working together, is it worth accepting the risk because the realization is you will have to upgrade your software system at some point?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M998494

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