Search results
Results from the WOW.Com Content Network
Risk is the lack of certainty about the outcome of making a particular choice. Statistically, the level of downside risk can be calculated as the product of the probability that harm occurs (e.g., that an accident happens) multiplied by the severity of that harm (i.e., the average amount of harm or more conservatively the maximum credible amount of harm).
Food defense is one of the four categories of the food protection risk matrix [1] which include: food safety, which is based on unintentional or environmental contamination that can cause harm; food fraud, which is based on intentional deception for economic gain; and food quality, which may also be affected by profit-driven behavior but ...
When used as part of an aviation hazard analysis, a "Likelihood" is a specific probability. It is the joint probability of a hazard occurring, that hazard causing or contributing to an aircraft accident or incident, and the resulting degree of loss or harm falling within one of the defined severity categories.
For research that involves more than minimal risk of harm to the subjects, the investigator must assure that the amount of benefit clearly outweighs the amount of risk. Only if there is a favorable risk–benefit ratio may a study be considered ethical.
Emmental cheese with eyes. When cut into slices, each slice will have holes of varying sizes and positions. In the Swiss cheese model, an organization's defenses against failure are modeled as a series of imperfect barriers, represented as slices of cheese, specifically Swiss cheese with holes known as "eyes", such as Emmental cheese.
Youth Services International confronted a potentially expensive situation. It was early 2004, only three months into the private prison company’s $9.5 million contract to run Thompson Academy, a juvenile prison in Florida, and already the facility had become a scene of documented violence and neglect.
For example, the American Food and Drug Administration (FDA) regulates food safety through risk assessment, while the EFSA does the same in EU. [ 30 ] An occupational risk assessment is an evaluation of how much potential danger a hazard can have to a person in a workplace environment.
Coombs built upon Attribution Theory, using it as a base to predict the severity of potential reputational harm—or reputational threat—a crisis may bring to an organization and, using that prediction, guide communication response decisions to minimize damage.