____________ 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.__________________________________________________
Add your answer
Loading...

Leave a comment

Your email address will not be published. Required fields are marked *