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What is risk? And, Give an example of a risk faced by 1) customer stakeholders, and...

What is risk? And, Give an example of a risk faced by 1) customer stakeholders, and also, 2) by employee stakeholders.

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Risk is all such events that will be decreasing the expected rate of return and increasing the uncertainty. Risk will be presence of elements of uncertainty due to which the actual outcome would be lower than the expected outcome.

An example of risk which is faced by the consumer stakeholder is purchasing of the overpriced goods and this is a risk related to payment of higher price than the actual price which is available in the market by other competitors of the same product.

Risk which is faced by employee stakeholders is loss of job and reduction of salary because these can lead to to risk related to job security.

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