Question:

What are four main differences between risk perception and risk assessment?

by Guest10786  |  earlier

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What are four main differences between risk perception and risk assessment?

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  1. 1: Depth of knowledge.

    2: Concious thought.

    3: Experience.

    4: Mental awareness.


  2. Risk perception is only a feeling that there is some risk in doing that business or taking a decision. Actually there may or may not be any risk.Future will give the answer.

    Risk assessment is the result after a thorough calculation after taking into account all the factors.Quantitative figures are there and it is also known how much is the risk.

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