Physical risks. Common Physical Security Threats and Vulnerabilities (With … Risk of Losing an Important Team Member. Types of physical damage vary by business line. Physical 1. The risks facing a typical business are broad and include things that you can control such as your strategy and things beyond your control such as the global economy. risk in business examples Transfer the risk. Physical Damage Depending on your workplace, they may include: Biological hazards include … Example project risks: real examples of bad & best practices 5 Ways Cybersecurity Impacts Physical Security. RISK MANAGEMENT MODEL 5 – TREAT THE RISK Identify and implement the most appropriate risk control option to arrive at the desired or acceptable residualrisk. The term business risks refers to the possibility of a commercial business making inadequate profits (or even losses) due to uncertainties - for example: changes in tastes, changing preferences of consumers, strikes, increased competition, changes in government policy, obsolescence etc.Every business organization faces various risk elements while doing business. In an example from this past year at Mercy Hospital in Chicago, four people were killed in a shooting.