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| Non-transferable risks are risks which must be borne by an organisation.
| | #Payment. |
| | | #A generic term for a payment or a receipt. |
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| Non-transferable risks might be avoided or accepted and retained or reduced as appropriate. In the case of non-transferable business risks (which by definition are not avoided) it is important that the firm has a distinctive competence in the relevant areas.
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| For example, a pharmaceutical company's non-transferable risks would include the risk that failure to gain approval for use of a new drug means that the research and development costs have been wasted.
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| == See also == | | == See also == |
| *[[Transferable risk]] | | * [[Payment]] |
| | * [[Receipt]] |
| | * [[Remittance factory]] |
Revision as of 10:04, 30 May 2015
- Payment.
- A generic term for a payment or a receipt.
See also
