Rajesh has just graduated from a college. His father wants him to take a job, but Rajesh wants to be an entrepreneur. He tries to convince his father by saying that he will venture into a business only if it is safe. Is Rajesh’s argument safe? According to story, state your views on risk.
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In simple terms, risk is the possibility of something bad happening. 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.
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