RISKS

• a probabilistic estimate of how likely an event of exposure will be

  risk
• a broad range of possible outcomes and complexity makes it impossible to define a set of probabilities

  uncertainty
• information that we will not be able to know

  indeterminacy
• this is when future economic environment is difficult to predict, and a high degree of risk or unknowns are involved

  economic uncertainty
• is any exposure a company or organization has to factors that may lower its profits or cause it to go bankrupt

  business risks
• a risk to company's reputation or finances due to a company's violation of external laws and regulations or internal standards

  compliance risk
• it occurs when a company when a company fails to follow a government's rules for companies.

  Legal Risk
• occurs when a company business strategy fails to follow a business strategy at all

  Strategic risk
• this threatens a company's standing or public opinion and can result in a profit decrease and lack of confidence among company shareholders

  reputational risks
• when a business' day-to-day activities threaten to decrease profits. This may include employee errors and damage to property

  operational risk
• this can arise from employees failures to perform their essential duties in workplace.

  • this can arise from uncontrollable risks like health risk or intentional actions like fraud or theft

  human risk
• this is a risk if it fails to create or follow cybersecurity strategies.

  security risk
• this can occur when a company doesn't perform debt management or financial planning tasks.

  financial risks
• this is a risk that happens when a competitor takes an increasing share of the market for a product or service. Sometimes called the "comfort risk"

  competition risk
• are threats to a company's physical assets, like equipment, buildings and employees. Causes can include damage to buildings from a fire or natural disaster and lack of training on proper equipment use.

  physical risks
• is usually presented as a percentage relative to the original investment over a a given period.

  return/financial return/investment return