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Risk And Safety

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Official Audio Prompt

You will hear a recording. Click on the paragraph that best relates to the recording.

Sample Answer & Audio Transcript

What's the literal definition of risk? Business schools use risk analysis. So what do you mean by risk And we need a dictionary. If you look in the dictionary, this is literal, literal definition of risk. What it says is the definition, for example, the possibility of injury, a dangerous element or factor, the chance of, the degree or possibility of such loss, and so on. So risk has two parts. If you look at the literal definition of risk, one part is the consequence of some kind of particular danger, hazard, loss, and the other is about the probability of it, the chance or consequence, okay And then, at least just as English language is concerned, when you look up the word safe and safety, which you'll learn is, it's a little bit of a loop, a little circular argument that free from harm or risk, secure from danger or loss. The condition of being safe and so on for all. And why do we take, what do we take out of it At least when we talk about safety, at least in the English language, we are talking absolute something is safe or it sounds safe.
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