Example: stock market
The Review of the Definition of Risk - IIAKM
outcomes) of an activity with respect to something that humans value (Aven & Renn, 2009). 12. Risk is the effect of uncertainty on objectives (Risk Management, ISO, 2009). The definitions of risk stated are commonly used in practice. They can be categorized in several groups, in which risk is expressed: 1. By means of uncertainty and expected ...
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