Risk essay question

Culture explains the extent to which the management can take risks while managing the resources of an organization (Klein, 2011). There are organizations which are risk-averse while others are encourage taking risks as the basis of operation.

Therefore, risk management entails setting goals and objectives and ensuring that they are achieved in the most effective manner, managing change that is brought about by introduction of new strategies, managing cultural and technological diversity among other tasks.

Hence, if you have a risk to take and are torn between a safe and a risky option, tell yourself this: The risk you are willing to take might give you a once in a lifetime chance to explore not just your abilities and potentials but also to live your dream.

An unstable and an unconventional job might become a constant source of income for several people. The entire questions falls on one question; “Are you willing to take the risk?” Some people might also claim that taking a risk and having it result in a positive outcome has a lot to do with fate and luck.