Risk Management In managing risk, the risk manager considers the results of risk assessment and other factors, including economic, political, social, and technological inputs or limitations, to develop policies to manage the risk. The decisions made by risk managers also often reflect the priorities of a society. Neither risk management nor risk assessment is conducted in a vacuum. Establishing regulatory stan- dards is a risk management activity that reflects the level of safety deemed appropriate for a given hazard. Policy strategies to control one foodborne hazard may well create new hazards. For example, air bag performance in U.S. automobiles was initially determined to minimize risks of death in severe accidents. Because of these performance standards, a new risk was created to young children and others when air bags deployed. Risk-risk trade-offs and cost-benefit analyses are essential analytical activities for fully documenting the risk management options and their consequences. A list of eight principles for