Question: Risk is generally expressed or plotted in a Risk Matrix in terms of Frequency and Severity. Please explain and plot Fire, Minor Medical Surgeries,
Risk is generally expressed or plotted in a Risk Matrix in terms of Frequency and Severity. Please explain and plot Fire, Minor Medical Surgeries, Shop lifting, Third- party property damages risks in a simple two by two diagram (Continuum) depending on their frequency and severity (High/Low).
Step by Step Solution
3.40 Rating (150 Votes )
There are 3 Steps involved in it
Probability 4 Very High 4 8 12 16 3 MiddleHi... View full answer
Get step-by-step solutions from verified subject matter experts
