Understanding Pure Risk
Автор: BusinessFocus CostDownBoostProfit
Загружено: 2021-07-19
Просмотров: 170
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Explain : Pure Risk
Pure risk is a category of risk that cannot be controlled and has two outcomes: complete loss or no loss at all. There are no opportunities for gain or profit when pure risk is involved.
Pure risk is generally prevalent in situations such as natural disasters, fires, or death. These situations cannot be predicted and are beyond anyone's control. Pure risk is also referred to as absolute risk.
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