Organizations must be able to manage risk, but in order to do so, companies must be able to measure it. The terminology used to measure risks include risk, tolerance, and sensitivity as well as assessment, measure, and perceptions.
Using the databases of the CSU Online Library as resources, prepare an essay of at least two pages outlining how risk measures have developed and evolved over time. Your essay should also outline qualitative and quantitative measures of risk and discuss how cultures, structures, and process impact the risk management process.
Your assignment should follow APA format. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.