Define "risk."

Risk is defined as the probability of loss or injury from a hazard. This definition emphasizes the connection between potential dangers and the likelihood of their occurrence, which is central to understanding risk management in safety contexts. In a safety supervisor role, recognizing that risk involves assessing the chances of adverse effects—such as accidents or health issues—due to specific hazards is crucial.

This definition incorporates both the concept of probability and the nature of the consequence (loss or injury), highlighting that risk is inherently linked to the hazards present in a given situation. Effective risk management involves identifying these hazards, analyzing the potential for associated losses, and implementing strategies to mitigate those risks. Other options provided do not align with this comprehensive understanding of risk.