____________ is a strategy in risk management where the impact of a risk is reduced to an acceptable level.
- Risk Acceptance
- Risk Assessment
- Risk Avoidance
- Risk Mitigation
Risk mitigation is a strategy in risk management that aims to reduce the impact of a risk to an acceptable level. This involves implementing measures and controls to lessen the likelihood or severity of a potential risk. Effectively employing risk mitigation strategies is essential for organizations to safeguard their assets and maintain operational continuity.__________________________________________________
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