Weather risk: Difference between revisions
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imported>Doug Williamson (Create the page. Source: ACT ICM material p 17.6.) |
imported>Doug Williamson (Split into two sentences.) |
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Weather risk is the extent to which a business is exposed to adverse weather conditions | Weather risk is the extent to which a business is exposed to adverse weather conditions. | ||
This risk can span a broad category of events such as: | |||
*Making transportation difficult or impossible, e.g. volcanic ash eruptions | *Making transportation difficult or impossible, e.g. volcanic ash eruptions | ||
*Rendering working conditions dangerous, e.g. severe storms | *Rendering working conditions dangerous, e.g. severe storms | ||
Revision as of 09:45, 30 March 2016
Weather risk is the extent to which a business is exposed to adverse weather conditions.
This risk can span a broad category of events such as:
- Making transportation difficult or impossible, e.g. volcanic ash eruptions
- Rendering working conditions dangerous, e.g. severe storms
- Affecting product demand, e.g. unusually cool summers
