What is meant by risk appetite

Kirti Sadavarte's picture

What is meant by risk appetite?

 

admin's picture
Check this link for risk

Check this link for risk appetite

http://www.continuitycentral.com/feature0170.htm

 its just a term used in other businesses for risk magnitude etc. Risk magnitude in itself is another term for risk impact + probablity.

Submitted by admin on September 2, 2006 - 1:49pm.
Kirti Sadavarte's picture
URL

URL delcreo

http://www.delcreo.com/delcreo/services_products/riskappetite.cfm

Risk Appetite, at the organizational level, is the amount of risk exposure, or potential adverse impact from an event, that the organization is willing to accept/retain. Once the Risk Appetite threshold has been breached, risk management treatments and business controls are implemented to bring the exposure level back within the accepted range.

Submitted by Kirti Sadavarte on September 3, 2006 - 8:33am.