Risk Appetite and Tolerance

June 12, 2018 Posted by 0 thoughts on “Risk Appetite and Tolerance”
« Back to Riskipedia Index

Risk Appetite and Tolerance refer to the amount of supply chain risk an organization is willing to take in order to meet its strategic objectives. Risk appetite and tolerance specifies the boundaries for the appropriate amount of risk taking within an appropriate level of authority. It drives the decision regarding whether or not a risk should be accepted, treated, and re-treated as a result of residual risks.

« Back to Riskipedia Index
© 2018 Resilinc Corporation. All rights reserved.