What is Risk?What is Risk?
Risk arises from uncertainty; but allRisk arises from uncertainty; but alluncertainties do not carry risk.uncertainties do not carry risk.
Possibility of an unfavorable outcomePossibility of an unfavorable outcomeof an uncertainty is risk.of an uncertainty is risk.
Outcome of an uncertainty may evenOutcome of an uncertainty may evenbe favorable. Is that a risk? In certainbe favorable. Is that a risk? In certaincases, yes.cases, yes.