MLchartDataset catalogue

Business risk

Term · Insurance and risk management · MLC-T-INS-000649

The potential for an organization to incur losses or fail to achieve its objectives due to internal or external factors. This encompasses strategic, operational, financial, and reputational exposures that can affect profitability and sustainability. Effective management involves identifying, assessing, and mitigating these exposures through controls and insurance.

Table 1. Record
IdentifierMLC-T-INS-000649
FieldInsurance and risk management
SubjectCommercial Liability
Record as JSON 
{
  "id": "MLC-T-INS-000649",
  "term": "Business risk",
  "field": "Insurance and risk management",
  "definition": "The potential for an organization to incur losses or fail to achieve its objectives due to internal or external factors. This encompasses strategic, operational, financial, and reputational exposures that can affect profitability and sustainability. Effective management involves identifying, assessing, and mitigating these exposures through controls and insurance.",
  "subject": "Commercial Liability",
  "url": "https://mlchart.com/terminology/insurance/business-risk/"
}

Record 426 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.