Malaysia
Malaysia
Singapore
Abu Dhabi - UAE
Indonesia
UK
Brunei
+603 2380 4560 SynergenOG Sdn Bhd
+65 861 84 148 Synergen Oil & Gas Pte. Ltd
0097126772666 GHRDC - SynergenOG
+62 2150 897100 PT. SynergenOG Indonesia
+44 1224 618460 Synergen Oil & Gas UK Limited
+673-233 9270 SynergenOG (B) Sdn. Bhd.

What is the difference between loss prevention and loss control?

Loss control (a.k.a. risk reduction) can either be effected through loss prevention, by reducing the probability of risk, or loss reduction, by minimizing the loss.

Loss prevention requires identifying the factors that increase the likelihood of a loss, then either eliminating the factors or minimizing their effect.

About the author

Happy to Help !