How do we define the cost of risk?

How do we define the cost of risk?

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Cost of Risk Coursework

INSTRUCTIONS:

How do we define the cost of risk? Thence explain the difference between a proactive and reactive safety management program and how that difference can affect the “cost of risk”.

CONTENT:

Cost of risk Student name: Professor: Date: Cost of risk is the price a company pays to manage potential risks. The risk can be the probability of loose finances, physical health or social status. Proactive and reactive programs have been developed to aid

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