BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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risk can be reduced by
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1.diversification
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2.insurance
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3. additional information
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4.all of the above
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Explanation:
Detailed explanation-1: -What are the four types of risk mitigation? There are four common risk mitigation strategies. These typically include avoidance, reduction, transference, and acceptance.
Detailed explanation-2: -The air risk staff generally follows a basic four step risk assessment process, including hazard identification, exposure assessment, dose-response assessment, and risk characterization, as described below.
There is 1 question to complete.