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articles:a_matter_of_risk [2020/02/13 10:55] – [ISO 31000:2018] rrandallarticles:a_matter_of_risk [2020/02/13 10:57] – [ISO 31000:2018] rrandall
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 n. The 24-hour period during which the earth completes one rotation on its axis, traditionally measured from midnight to midnight.  \\ n. The 24-hour period during which the earth completes one rotation on its axis, traditionally measured from midnight to midnight.  \\
  \\  \\
-Using this analogy, ISO //defines// "risk" as being both "negative" and "positive" in much the same way as a "day" can be interpreted as including both "light" and "darkness". However, the term "risks and opportunities" are used repeatedly in standards such as ISO 9001 & ISO 17025 in much the same way that one might casually refer to "daylight" and "night".</note>+Using this analogy, ISO //defines// "risk" as being both "negative" and "positive" in much the same way as a "day" can be interpreted as including both "light" and "darkness". However, the term "risks and opportunities" are used repeatedly in standards such as ISO 9001 & ISO 17025 in much the same way that one might casually refer to "day" and "night" as both occurring during a 24-hour "day".</note>
 ==== Criticism of the ISO definition for "Risk" ==== ==== Criticism of the ISO definition for "Risk" ====