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| from illness, death, injury, or other loss of a key individual |
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Definition
| from disruption to supplies and operations, loss of essential assets, or failures in distribution |
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| from loss of customer or employee confidence, or damage to market reputation |
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| from failures of accountability, internal systems or controls, or from fraud |
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| from going over budget, taking too long on key tasks, or experiencing issues with product or service quality |
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| from business failure, stock market fluctuations, interest rate changes, or non-availability of funding |
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| from advances in technology or technical failure |
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| from weather, natural disaster, or disease |
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| from changes in tax, public opinion, government policy, or foreign influence |
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| from dangerous chemicals, poor lighting, falling boxes, or any situation where staff, products, or technology can be harmed |
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| an attitude or understanding based on what is observed or thought |
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| a strong feeling about somebody or something |
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| generally recognized knowledge acquired or supplied about something or somebody, that is proven to be something |
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| the potential negative outcome related to the risk going to occur now or sometime in the future |
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| is the risk near by or far away |
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| will the risk affect me or my family |
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| looking at which is greater, the benefit from the risk, or the cost remediating its effect |
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| is the risk a rare event or something that is likely to occur |
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| is the result of the risk likely to be big or small |
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| guidelines for human behavior; the study of moral choices and values; choosing between right and wrong |
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| knowing the difference between right and wrong and consciously choosing right |
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| a systematic set of rule and procedures used to guide the behavior of an individual, business, or culture |
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| the desire to do the right thing regardless of the cost |
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| awareness to act consistently and apply moral convictions to daily behavior |
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| ability to collect and evaluate info, develop alternative, and foresee potential consequences |
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| when responsibilities and loyalties conflict a decision about the appropriate course of action must be made |
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| the capacity to accept deviation from the norm |
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| Words or phrases with either a double meaning or a doubtful meaning |
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