Essay on a friendly cricket match

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Risk is the possibility of losing something of value. Risk perception is the subjective judgment people make about the severity and probability of a risk, and may vary person to person. Any human endeavour carries some risk, but some are much riskier than others.

1621, and the spelling as risk from 1655. Risk is an influence affecting strategy caused by an incentive or condition that inhibits transformation to quality excellence. Risk is an uncertain event or condition that, if it occurs, has an effect on at least one objective.

Essay on a friendly cricket match

The probability of something happening multiplied by the resulting cost or benefit if it does. The probability or threat of quantifiable damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action.

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