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The video talked about risks and how risks are always around us.

The main point

of the video is that life is full of risks and although we don’t evaluate it on a daily basis,

we unconsciously make a choice on how to live our life every day.

If we apply this in the business world, this is what companies called as “business

risks”. Exposure of a company or organization must factor(s) that will lower its profits or

lead it to fail. Anything that threatens a company's ability to achieve its financial goals is

considered a business risk. (Investopedia, 2020). On the other hand, Corporate

Finance Institute stated the risks can be caused by other factors which results that it is

impossible to protect oneself from different business risks.

Given that risks are everywhere, and we face them every day, we must be

prepared to face the risks that we decide everyday. Although risks can’t be completely

accounted, we should always think of the worst possible scenario so that we are

prepared for any problems that may arise in the future

References:

Kenton, W. (2021, May 19). The Ins and Outs of Business Risk. Investopedia.

Retrieved 

December 10, 2021, from

https://www.investopedia.com/terms/b/businessrisk.asp. 

Al Carney Eleazar L. Chua


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