As we live our daily lives, risk and uncertainty are issues we face rather often, and risk is measurable and gets minimized by taking preventive steps. Uncertainty is a situation which crips up from an unknown source. Our Businesses are all concerned with risk-taking and coping with uncertainties and disturbances, as is quoted by Gautam Adani.
<span class=\"
Uncertainty is an inherent part of every business and person. It becomes impossible to avoid the situation, and the gravity is unknown. Being prepared to take on any coming circumstance will help in facing the outcome of uncertainty. Both risk and uncertainty are part of the parcel of our lives. But keeping a positive mindset will lead to positive results.
References
- https://www.journals.uchicago.edu/doi/abs/10.1086/261461
- https://pubs.aeaweb.org/doi/pdf/10.1257/0002828041301551