Sample Paper

Words 1,674

Risk assessment is the consideration of the probable material effects of uncertain events; or in other words, “risk assessment” is the identification, measurement, and prioritization of risks and opportunities. Therefore, risk assessment and risk management are both part of modern management’s planning tools.  The link between auditing and management is the assessment of risk and its consequences in achieving established objectives.

Risk assessment is a scientifically based process of evaluating the potency of a hazard and the likelihood of exposure to the hazard and then estimating the resulting public health impact. It provides a scientific framework for understanding the impact of a wide variety of variables by considering several key questions, such as:

  • What is the process that leads to risk?
  • What could relevant variables affect that process?
  • What is the likelihood of harm?
  • How much harm could occur?
  • How much can that harm be reduced by various intervention strategies?

Risk assessments may be qualitative, semi-quantitative, or quantitative. Qualitative assessments usually identify a high, medium, or low level of risk. Semi-quantitative assessments may be used to prioritize risks in relation to one another. Quantitative assessments are often used to identify and evaluate food safety control points or estimate the benefits of various intervention strategies.

Thank you for visiting and viewing our articles and sample papers. Kindly be informed that all these articles and sample papers are for marketing purposes only. The sole purpose of these articles and sample papers is just to provide our customers with an idea about our services before they place an order.

Kindly visit our order/inquiry page for further assistance.

Kindly order custom made Essays, Term Papers, Research Papers, Thesis, Dissertation, Assignment, Book Reports, Reviews, Presentations, Projects, Case Studies, Coursework, Homework, Creative Writing, Critical Thinking, on the topic by clicking on the order page.


Recent Posts

Essay: Profession of Accounting

Sample Essay Emphasis is laid on investors on the quality of work rather than the…

6 days ago

Models of Hybrid Course Design

Hybrid online courses can be designed using different models. One of them is face to…

1 week ago

What Is a Hybrid Class?

A conventional college course maintains a daily schedule of meetings in-person on-campus setting. Students use…

1 week ago

Essay: Dangers of Ecstasy

Sample Essay Frоm а сhеmiсаl аspесt, есstаsy is аlsо а dаngеrоus drug thаt соntаins hаrmful…

2 weeks ago

Essay: Freedom Summer

Sample Essay Evaluate Doug McAdams methodology used in this book. Before discussing the methodology of…

2 weeks ago

Overview of Taka Cuisines

Taka Cuisine has been succeeding in innovative improvements and by means of diverse technologies in…

4 weeks ago