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... > social science subjects > business and management > entrepreneurship > new venture management > corporate entrepreneurship > corporate crisis management > quantitative versus qualitative losses
... > social science subjects > politics and international relations > governance > crisis management > corporate crisis management > quantitative versus qualitative losses
... > social science subjects > business and management > management settings > business management > governance > crisis management > corporate crisis management > quantitative versus qualitative losses

Preferred term

quantitative versus qualitative losses  

Definition

  • Crises, irrespective of the actual underlying causal agent, impact society by causing deaths, injuries, and fiscal damage to property, crops, and ecosystems, and a variety of other less obvious impacts to humans and the human use system. Although it is extremely difficult to count the total value of all things impacted by a particular crisis event because of issues related to insured versus uninsured losses, direct versus indirect damages, and victim primacy, there are means by which society can evaluate the totality of an event's impact on a place or a population—from both qualitative (empirical) and quantitative (abstractive) perspectives. [Source: Encyclopedia of Crisis Management; Losses, Quantitative Versus Qualitative]

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https://concepts.sagepub.com/social-science/concept/quantitative_versus_qualitative_losses

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