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.
The manner in which you design your appetite and implement follow-up risk management processes will carry business continuity, incident management, business management and strategic implications that go far beyond a risk identification activity. erectie
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.
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Submitted by admin on September 2, 2006 - 1:49pm.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.
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Submitted by Kirti Sadavarte on September 3, 2006 - 8:33am.The manner in which you design your appetite and implement follow-up risk management processes will carry business continuity, incident management, business management and strategic implications that go far beyond a risk identification activity.
erectie
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Submitted by medea on June 26, 2009 - 11:22am.