Related topics: patients · cancer

Which countries are more at risk in the global supply chain?

Using firm-level data from the global supply network, researchers from the Complexity Science Hub (CSH) quantified countries' exposure to production losses caused by firm defaults in other countries. According to their findings, ...

Global study reveals health impacts of airborne trace elements

As anyone with seasonal allergies knows, unseen airborne particles can really wreck a person's day. Like the tree pollen that might be plaguing you this spring, small concentrations of trace elements in the air can have significant ...

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Risk

Risk is a concept that denotes the precise probability of specific eventualities. Technically, the notion of risk is independent from the notion of value and, as such, eventualities may have both beneficial and adverse consequences. However, in general usage the convention is to focus only on potential negative impact to some characteristic of value that may arise from a future event.

RISK can be defined as “the threat or probability that an action or event will adversely or beneficially affect an organisation's ability to achieve its objectives”[1]. In simple terms risk is ‘Uncertainty of Outcome’, either from pursuing a future positive opportunity, or an existing negative threat in trying to achieve a current objective.

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