Risk Management

Business / Agriculture / Risk Management: The process of deciding whether and how to manage risks. Public risk management requires consideration of legal, economic, and behavioral factors, as well as environmental and human health effects of each management alternative. Management may involve regulatory and non-regulatory responses. For example, characterizing the risk to farm workers of entering a field after application of a particular pesticide is risk assessment: promulgating reentry standards is risk management. The federal government has played an active role over the years in helping farmers manage risk. Two major risks faced by agricultural producers are production risks and price risks, and the USDA has assisted with federal crop insurance and commodity programs. The Risk Management Agency is now helping farmers utilize other risk management tools.

Other Words for Management

Management Noun Synonyms: managing, control, supervision, manipulation, handling, direction, directing, directorship, administration, government, conduct, governance, operation, running, superintendence, command, guidance, stewardship
Management Adjective Synonyms: administration, executive(s), bosses, directors, board (of directors), directorate, (top) brass
MORE

Other Words for Risk

Risk Noun Synonyms: danger, peril, jeopardy, hazard, chance, gamble
MORE

Crisis Management

Business / Human Resources (HR) / Crisis Management: A broad term that refers to an organizations pre-established activities and guidelines, for preparing and responding to significant catastrophic events or incidents (i.e., fire, earthquake, severe sto MORE

Reinvestment Risk

Business / Finance / Reinvestment Risk: The risk that proceeds received in the future may have to be reinvested at a lower potential interest rate. MORE

Relative Risk

Health / Disease / Relative Risk: Relative risk is a ratio of the probability of the event occurring in the exposed group versus non-exposed group. MORE

Links
Home
Glossary
Thesaurus