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Risk appetite is the level of risk that an organization is prepared to accept in pursuit of its objectives, [1] before action is deemed necessary to reduce the risk. It represents a balance between the potential benefits of innovation and the threats that change inevitably brings.
Factors of risk perceptions. Risk perception is the subjective judgement that people make about the characteristics and severity of a risk. [1] [2] [3] Risk perceptions often differ from statistical assessments of risk since they are affected by a wide range of affective (emotions, feelings, moods, etc.), cognitive (gravity of events, media coverage, risk-mitigating measures, etc.), contextual ...
Popper underlines the importance of rational argument, drawing attention to the fact that many intolerant philosophies reject rational argument and thus prevent calls for tolerance from being received on equal terms: [1] Less well known [than other paradoxes] is the paradox of tolerance: Unlimited tolerance must lead to the disappearance of ...
Sociology is the scientific study of human society that focuses on society, human social behavior, patterns of social relationships, social interaction, ...
A sociological theory is a supposition that intends to consider, analyze, and/or explain objects of social reality from a sociological perspective, [1]: 14 drawing connections between individual concepts in order to organize and substantiate sociological knowledge.
Sculpture Für Toleranz ("for tolerance") by Volkmar Kühn, Gera, Germany . Toleration is when one allows or permits an action, idea, object, or person that they dislike or disagree with. Political scientist Andrew R. Murphy explains that "We can improve our understanding by defining 'toleration' as a set of social or political practices and ...
Bill Gates told Patrick Collison that younger generations should worry about four things. They are the climate crisis, unchecked AI, nuclear war, and the spread of disease.
Firefighters are exposed to risks of fire and building collapse during their work.. In simple terms, risk is the possibility of something bad happening. [1] Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. [2]