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Term of the Day
BusinessDictionary.com
risk response
Definition
Appropriate steps taken or
procedures
implemented upon
discovery
of an unacceptably
high
degree
of
exposure
to one or more
risks
. Also called risk treatment.
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Nearby Terms
risk premium
risk profile
risk propensity
risk quantification
risk rate
risk reduction
risk response
risk retention
risk retention groups
risk selection
risk sharing
risk taker
risk tolerance
Popular 'Decision Making, Problem Solving, & Strategy' Terms
macro environment
objective
corporate strategy
information
gap analysis
core competencies
marketing strategy
market orientation
external environment
strategy
Related Terms
enterprise risk management (ERM)
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