Business Risks -- Overview of the Risk Environment
There are various types of business risks in the business environment, and these risks, of course, can differ from environment to environment depending on the type of business or organization. The severity and category of the risk also depends on the largeness of the organization and on various other factors, such as location, personality of employer, quantity of employees employed, and so forth (Crockford, 1986).
Generally, the most common risks are the following:
Workplace safety -- Every workplace environment runs the risk of not evidencing workplace safety according to the regulations of Occupational Safety and Health Environment (OSHA). Workplace safety applies to conditions of safety that exists both between workplace manager and his employees and between workplace and those who frequent, or profit from the services of the workplace. As regards the hospitality industry, for instance particularly the spa, workplace safety is...
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