Apply
Explain risk appetite
Relate an activity to possible harm or loss and the willingness to face that possibility in particular circumstances.
ActivityPossible harm or loss
could lead to
A person or organisation is willing to face the possibility of particular harm or loss in specified circumstances.
The café is willing to risk losing up to $1,000 over a four-week trial, provided it can still pay suppliers and maintain normal service.
Plain Risk, developed by Dr Julien Maréchal. © 2026 The Governance Practice.
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