What strategies can be employed to mitigate risks associated with decision making?
- Conduct thorough research and analysis before making decisions
- Ignore potential risks and focus solely on benefits
- Avoid making decisions altogether to eliminate risks
- Rely solely on intuition and gut feeling to guide decision making
Mitigating risks in decision making involves conducting thorough research and analysis to identify potential risks and develop strategies to minimize or mitigate them. This approach helps in making informed decisions that consider potential challenges and uncertainties.
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