Risk

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Risk, no body can not keep away from risk. Everything that we do, where we are, we always face on it. I've learned about Risk Management in class, my lecturer said "there are two types of risk, they are pure risk and speculative risk. In pure risk, it will not face that we called return, all of in this risk is only loss. For examples, have an accident, to be fire, to be flooded, etc. Meanwhile speculative risk can give both returns and losses. Usually we face this risk related to an activities that we called business, sometimes in doing business we get gains and sometimes losses. As I said before, we cann't keep away from risk but we can minimize it, by identifying and measuring on it. How we indentified risk? first, we have to know, what kind of risk that we will face if we want to make a decision in business. Yap, that's true... we have to think about the risk and the return in our mind. Then, we measured which is the riskier. Based on this analytical, we can minimize our risk in our business...absolutely.

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