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Considers risk factors when making decisions.

Evaluates potential risks and uncertainties to ensure informed, balanced, and prudent decision-making, minimizing adverse outcomes.

by Karan Tewatia

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Description

Considering risk factors when making decisions involves evaluating potential challenges, uncertainties, and consequences before proceeding. It includes assessing the likelihood of negative outcomes, identifying vulnerabilities, and weighing the benefits against possible risks. This approach ensures informed, strategic choices that balance opportunities with caution, minimizing potential setbacks or losses.

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