An Involuntary Risk is the unable to control risks who does not directly benefit from the activity that happens without the prior consent or knowledge, typically beyond their ability to influence and often associated with external factors or circumstances. (e.g., acts of GOD, such as floods, tornados, etc.) The Involuntary Risk may be managed or mitigated by proactive measures such as disaster preparedness, insurance coverage, diversification of investments, and adherence to safety standards.
Related Definitions in the Project: The Risk Management
