What are the differences between Threats and Vulnerabilities?

Questions:

1.  What are the differences between Threats and Vulnerabilities?

2.  How does Risk information change depending on different decision-makers?  Describe one scenario and explain how different decision-makers (e.g., a facility manager, a governor, a public health official, or a federal infrastructure protection official, etc.) would have different needs for inputs and outputs.

3.  What are the benefits of risk-based approaches?  When might an examination of only one risk factor be appropriate for decision-making? And, when might only reviewing one risk factor lead to poor results

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