NAME:- ANNU

COURSE:-BBA
 Please explain in detail the following risks, its impacts and
probability of occurrence.

Political risk is the risk an investment's returns could suffer as a result of political changes or instability in a
country. Instability affecting investment returns could stem from a change in government, legislative
bodies, other foreign policymakers or military control. Political risk is also known as "geopolitical risk," and
becomes more of a factor as the time horizon of investment gets longer. They are considered a type of
jurisdiction risk.

Financial risk is the possibility of losing money on an investment or business venture. Some more common
and distinct financial risks include credit risk, liquidity risk, and operational risk.
Financial risk is a type of danger that can result in the loss of capital to interested parties. For
governments, this can mean they are unable to control monetary policy and default on bonds or other debt
issues. Corporations also face the possibility of default on debt they undertake but may also experience
failure in an undertaking the causes a financial burden on the business.
Technical risk is the possible impact changes could have on a project, system, or entire infrastructure
when an implementation does not work as anticipated. ... It is essential to have a reliable analysis solution
for technical risk management to ensure early detection of these problems.

Environmental risk is the probability and consequence of an unwanted accident. Because of deficiencies in
waste management, waste transport, and waste treatment and disposal, several pollutants are released
into the environment, which cause serious threats to human health along their way.

Social risk for a business includes actions that affect the communities around them. Examples include
labor issues, human rights violations within the workforce, and corruption by company officials. Public
health issues can also be a concern as they can impact absenteeism and worker morale.
Three Indonesian soldiers were killed in an ambush by separatist militants armed with small-arms and
spears/bows in the Nduga district of Indonesia's Papua province on 7 March. The attack was claimed by
the Tentara Pembebasan Nasional Papua Barat (TPNBP), or West Papua National Liberation Army, the
armed wing of Papuan separatist organization Organisasi Papua Merdeka (OPM).

Disaster risk is therefore considered as the combination of the severity and frequency of a hazard, the
numbers of people and assets exposed to the hazard, and their vulnerability to damage. ... There is no
such thing as a natural disaster, but disasters often follow natural hazards.

Process commissioning is begun only when the pre-commissioning is complete and the defects identified
have been corrected to the extent judged necessary. This commissioning may be undertaken on
equipments or sections of plant as they become available, but only under close control so as to prevent
hazardous interaction between the two activities of plant construction and process operation. One method
of control is that the equipment should have a formal handover certificate that verifies mechanical
completion, with minor deficiencies listed.
Force majeure refers to a clause that is included in contracts to remove liability for natural and unavoidable
catastrophes that interrupt the expected course of events and prevent participants from fulfilling
obligations.

Other common types of systematic risk can include interest rate risk, inflation risk, currency risk,
liquidity risk, country risk, and sociopolitical risk. Unsystematic risk, also known as specific risk
or idiosyncratic risk, is a category of risk that only affects an industry or a particular company.