We successfully apply Bayesian statistics methodology to problems in business risk management.
(Patent Pending – 60/404873)
Business Risk Management - is a discipline for living with the possibility that future events may cause adverse effects.*
Business Risk Assessment - is the attempt to identify weaknesses that may allow future events to have a negative effect on profitability.
Business Risk – is a state of being, consistent with the tenets of capitalism.
* H. Kloman/W. Rowe