Concept information
Preferred term
risk analysis
Definition
- Risk analysis (RA) is a broad label for a method of decision making. “Risk” can roughly be defined as the probability that an event will cause harm multiplied by the damage the event might cause. [Source: Encyclopedia of White-Collar and Corporate Crime; Risk Analysis]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/risk_analysis
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