The document discusses the concepts of risk, risk management, and risk mitigation. It defines risk as the possibility of damage, loss, or negative occurrence from internal or external vulnerabilities. Risk management is identified as the identification, analysis, assessment, control, and avoidance or minimization of unacceptable risks through various strategies. Risk mitigation is defined as systematically reducing exposure to risk and the likelihood of its occurrence, also called risk reduction.

1. e¨emvq SzwK (Risk in
Business )

2. SzwK wK (What is risk)?
 D‡Ïk¨ ev cÖ¯—vweZ e¨vemvq
wbivcËvwnbZv ev KvswLZ dj bv cvevi
AvksLv | hv wK bv Af¨bZwib Ges ewnivMZ
Kvi‡b &I n‡Z cv‡i|
 A probability or threat of damage, injury,
liability, loss, or any other negative
occurrence that is caused by external or
internal vulnerabilities, and that may be
avoided through preemptive action.

3. SzwKi cÖKvi‡f`/iKg
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 e¨ve¯’vcbv
 cwi‡ek MZ I
 cywRi †hvMvb
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hv GK Rb mdj D‡Ï¨v³v‡K Rvb‡Z
nq

4. SzwK e¨v¯’vcbv (Risk
Management)
 e¨vemv‡K wbivc` &I ¶wZ gy³ ivLvi Rb¨ SzwK
wbi“cb, avibv, wbqš¿b Ges Gwi‡q _vKv ev
h_vcyhy³ e¨ve¯’v MÖnb
 The identification, analysis, assessment, control,
and avoidance, minimization, or elimination of
unacceptable risks. An organization may use
risk assumption, risk avoidance, risk retention,
risk transfer, or any other strategy (or combination
of strategies) in proper management of future
events
http://www.businessdictionary.com/definition/risk-management.html#ixzz2CH1WKYEZ

5. SzwK wbimb (Risk
Mitigation)
 wbqg Zvwš¿K I cÏwZMZ fv‡e mv¤¢e¨ SzwKi
cwigvb &I gvÎv wbq·b ivLv ev Kwg‡q Avbv
 A systematic reduction in the extent of
exposure to a risk and/or the likelihood of its
occurrence. Also called risk reduction.
http://www.businessdictionary.com/definition/risk-
mitigation.html#ixzz2CH4a31yy