Quick Answer: What Are The 3 Categories Of Risk Factors?

What are the main categories of risk?

One approach for this is provided by separating financial risk into four broad categories: market risk, credit risk, liquidity risk, and operational risk..

What are the five main categories of risk?

The Global Report identifies 31 global risks grouped in five categories: environmental, economic, geopolitical, social and technological risks.

What are the four main categories of a risk management plan?

Once risks have been identified and assessed, all techniques to manage the risk fall into one or more of these four major categories:Avoidance (eliminate, withdraw from or not become involved)Reduction (optimize – mitigate)Sharing (transfer – outsource or insure)Retention (accept and budget)

What are examples of risks?

Examples of uncertainty-based risks include:damage by fire, flood or other natural disasters.unexpected financial loss due to an economic downturn, or bankruptcy of other businesses that owe you money.loss of important suppliers or customers.decrease in market share because new competitors or products enter the market.More items…•

What are the two categories of risk factors?

In summary, the study of risk factors will benefit from a clear definition of terms where there is an unambiguous distinction among correlates, fixed markers, variable markers, and causal risk factors.

How do you identify a categorize risk?

A risk analysis should identify all threats and hazards to a facility and then place them in a matrix that categorizes risks from high occurrence and high consequences (tornados in the Midwest) to low occurrence and low consequences (single water pipe leak in out building).

What is risk and its type?

However, there are several different kinds or risk, including investment risk, market risk, inflation risk, business risk, liquidity risk and more. … In an investor context, risk is the amount of uncertainty an investor is willing to accept in regard to the future returns they expect from their investment.

WHO top 10 health risks?

WHO Releases List of 10 Threats to Global HealthAir pollution and climate change.Noncommunicable diseases.Threat of a global influenza pandemic.Fragile and vulnerable settings, such as regions affected by drought and conflict.Antimicrobial resistance.Ebola and high-threat pathogens.Weak primary care.Vaccine hesitancy.More items…•

What are the 6 health risk factors?

The YRBS addresses the six categories of priority health risk behaviors associated with the leading causes of morbidity and mortality among adults and youth: behaviors that contribute to unintentional injuries and violence, tobacco use, alcohol and other drug use, sexual behaviors that contribute to unintended …

What are the 5 risk factors?

Controllable risk factors include:Smoking.High LDL, or “bad” cholesterol, and low HDL, or “good” cholesterol.Uncontrolled hypertension (high blood pressure)Physical inactivity.Obesity.Uncontrolled diabetes.Uncontrolled stress and anger.

Who is at high risk of heart attack?

Men age 45 or older and women age 55 or older are more likely to have a heart attack than are younger men and women. Tobacco. This includes smoking and long-term exposure to secondhand smoke. High blood pressure.

How do you identify risks?

8 Ways to Identify Risks in Your OrganizationBreak down the big picture. When beginning the risk management process, identifying risks can be overwhelming. … Be pessimistic. … Consult an expert. … Conduct internal research. … Conduct external research. … Seek employee feedback regularly. … Analyze customer complaints. … Use models or software.

What is a simple definition of risk?

In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences.

What are the 4 types of risk behaviors?

Four types of high risk behaviour namely road traffic accidents, violence, self-injurious and risky sexual behaviour were studied.