Notable-risk

A 'notable-risk' is a significant or considerable possibility of incurring harm, loss, or undesirable consequences. It signifies a situation or endeavor where the probability of a negative outcome is high enough to warrant serious attention, careful planning, and proactive measures to mitigate potential downsides. The severity of the risk is important, the likelihood of that harm occurring must be weighed to take the best path. A 'notable-risk' often involves elements of uncertainty and volatility and is often considered when determining any action taken. It requires in-depth assessment and management strategies to prevent or reduce adverse effects to an acceptable level to the organization.

Notable-risk meaning with examples

• Investing in a volatile stock market without diversification is a notable-risk, as sudden drops can wipe out investments quickly. Investors should be aware of the market's volatility. This could damage the portfolios and cause substantial financial losses if the market experiences a downturn. Diversification can lower this notable-risk.
• Starting a business without a solid business plan, market research, and adequate funding presents a notable-risk. Failure to prepare can lead to lost investments and potential financial ruin. Therefore, proper preparation is crucial. Planning, research, and funding are vital for a successful business start up to avoid this notable-risk.
• Operating a nuclear power plant inherently carries notable-risk. Any event, be it natural disaster, or human error could lead to widespread environmental contamination. Vigilance, rigorous safety protocols, and comprehensive emergency response systems are absolutely critical to avoid or reduce this notable-risk.
• Engaging in unprotected sexual activity is a notable-risk, as it increases the chance of contracting sexually transmitted diseases. It is also worth noting that the likelihood of contracting the infection is high without protection. Promoting safe sex practices is key in mitigating this notable-risk to protect personal health.
• Entering a burning building to rescue someone represents a notable-risk. The rescuer's well-being could be severely harmed, with injury or death possible. Proper training and assessment are paramount. Therefore, careful evaluation and professional help should be considered to help negate this notable-risk.