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OLEGan [10]
3 years ago
8

A risk exposure is defined as the impact to the organization when a situation transpires. The widely accepted formula for calcul

ating exposure is as follows: Risk exposure =________________ the event will occur + ____________ if the event occurs where, outcome likelihood, impact how, impact likelihood, cost
Business
1 answer:
creativ13 [48]3 years ago
7 0

Answer:

Likelihood, impact

Explanation:

Risk exposure is defined as an estimation of future loss that can be experienced when a particular line of action is taken. There is ranking of risks according to the likelihood of them occuring multiplied by potential loss if the risk occurs.

The formula for risk exposure is the likelihood that an event will occur plus impact if the event occurs.

For example if an investor invests $1,000 in a high risk investment, he stand s the chance of losing the whole of the capital invested.

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At the beginning of its fiscal year, the Town of Harmon estimates that its revenues for street maintenance activities are $100,0
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The amount that the Town of Harmon currently have available to spend for street maintenance supplies is $20,000.

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Which of the following is responsible for depth of field?
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Explanation:

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