Diploma in Risk Management - | pt-BR - 827 - 54596
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  • Nota de Estudos
  • Rever Tópicos
    Samuel Adu A.
    GB
    Samuel Adu A.

    The Topic is well explained

    Ruvarashe Precious M.
    ZW
    Ruvarashe Precious M.

    there is a relationship between risk and uncertainty as risk is the probability of winning or losing something worth which is uncertain.

    Okello J.
    SS
    Okello J.

    Risks therefore is the basis of the existence of Insurance but mainly practical in the General Insurance than in the Life business.

    NIRAVSINH S.
    CA
    NIRAVSINH S.

    Risk stands to be the core of uncertainty, when something is and we are sure about it being uncertain we obviously fear it to be risky. Thats what the prime focus has to be while we are dealing with any subject in a financial organisations. As the Lehman Brothers has taught ( which was just an example accompanied by many such other organizations worldwide), while dealing in advances, assets or in simpler terms loans and credit, one has to assess the risk ( closer as well as longlasting) before calculating the profit that is visible at the first instance and although it may be quite evident but risk should overwhelm profit at the first stage itself. As said risk is certain as well but then we obviously do not fall prey to situations in these instances as no one wants to embrace risk by themselves. And lastly as said the meaning and deriving on a particular form of risk depends on a situation to situation and case to case.

    Carlos Andrés M.
    CO
    Carlos Andrés M.

    the basic relationship between uncertainty and risk is, if you dont know which one the outcome based in the election you had taken would be positive or negative, is too difficult to give a correct proccess the risk.

    Carlos Andrés M.
    CO
    Carlos Andrés M.

    The roles that contributing the take about good decisions, are; emotional, financial and anxiety.

    Ebenezer Teye N.
    GH
    Ebenezer Teye N.

    The word 'risk' is very ambigious in its defination as its takes varied interpretations in different contexts. Due to this one can not give a single difinition to the term 'risk'. In fact, the risk is directly link to the word uncertainty. Uncertainty is having two possible outcomes for an event or situation. While certainty is knowing what will happen or will not happen.

    Fatima Adams D.
    NG
    Fatima Adams D.

    Risk is measurable probability while uncertainty is non measurable probability.

    Ononaye K.
    NG
    Ononaye K.

    If there is no possibility of negative outcome then we can refer to is as risk therefore is uncertainty.

    Ononaye K.
    NG
    Ononaye K.

    If there is no possibility of negative outcome then we can not refer to is as risk therefore is uncertainty.

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