Food Risk

Image: Correlation of violent protests in Africa and the Middle East with local food prices.

compression.org - October 25th, 2012 - Robert W. "Doc" Hall

Formal risk management has become common in large organizations. Risk management has become complex, standardized in ISO 31000, and meriting university degrees. Most risk assessment multiplies the consequences of an event times its probability to create a risk index. Managements can then choose to eliminate, mitigate, or accept each risk.

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