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What is pure risk?
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2 Answers

6 votes

Answer:

Pure risk is a risk that every company runs and that is beyond human control, such as fire, floods, gales, earthquakes, among others.

Step-by-step explanation:

Pure risk is a risk that every company runs and that is beyond human control, such as fire, floods, gales, earthquakes, among others. These risks are those in which there is no possibility of profit for the company, that is, their consequences will always be negative. This is the case, for example, with accidents.

Assessing the chance of an event occurring and its possible consequences is essential to establish a prevention strategy that prioritizes the most likely or potentially most serious risks.

It will tell you what measures need to be taken to avoid the problem, in addition to helping to establish emergency plans. It can also be used, for example, to assess the need to take out insurance to cover possible losses.

In order for this classification of priority risks to be carried out, the risk analysis must use criteria for the classification and classification of events.

User Gopinath Shiva
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3 votes

Answer:

Pure risk

Step-by-step explanation:

To the best of knowledge, will it is a situation one finds him/herself in and doesn't know how to solve the issue but has only one possible outcome if it truly happens; which could be danger.

User Shawnl
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