Risk and uncertainty.

              Evaluate a selected company’s or organization’s recent (within the last six months) actions dealing with risk and uncertainty. Recommend advice for improving risk management and provide justification for the...

Risk and uncertainty

Risk and uncertainty are often used interchangeably in everyday discussions, but they are different, in business, two different concepts. Risk describes a situation in which we do not know the outcome, but we do know all the possible outcomes and can assign...