Risk is generally expressed or plotted in a Risk Matrix in terms of Frequency and Severity....
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Risk is generally expressed or plotted in a Risk Matrix in terms of Frequency and Severity. Please explain and plot Fire, Minor Medical Surgeries, Shop lifting, Third- party property damages risks in a simple two by two diagram (Continuum) depending on their frequency and severity (High/Low). Risk is generally expressed or plotted in a Risk Matrix in terms of Frequency and Severity. Please explain and plot Fire, Minor Medical Surgeries, Shop lifting, Third- party property damages risks in a simple two by two diagram (Continuum) depending on their frequency and severity (High/Low).
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