When a risk is evaluated in terms of how much it could affect a company's ability to operate,the risk is being assessed in terms of:

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When a risk is evaluated in terms of how much it could affect a company's ability to operate, it is being assessed in terms of severity. Severity refers to the impact or consequences of a risk if it were to occur. Probability, cost, and actuality are all factors to consider when assessing risks, but they are not as directly related to a company's ability to operate as severity.

When a Risk Is Evaluated in Terms of How Much