RISK ANALYSIS AND ITS TYPES
Keywords:
Key words: risk, risk management, profit, risk factor, insurance, investment, market, financial risk.Abstract
Abstract: Risk analysis is a critical process in identifying, assessing, and managing potential threats that could impact the success of a project, business, or any decision-making scenario. This paper explores the concept of risk analysis, emphasizing its importance in mitigating negative outcomes. It also categorizes the main types of risk analysis, including qualitative, quantitative, proactive, reactive, internal, and external risk assessments. By understanding these types, organizations can adopt more effective strategies to anticipate and respond to uncertainties, ultimately improving their resilience and decision-making processes.
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