BUISENESS MANAGEMENT
RISK MANAGEMENT
Question
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This refers to the strategies that minimize the risks associated with a business’s operations.
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Avoiding the risk
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Ignoring the risk
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Risk Management
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Business Management
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Explanation:
Detailed explanation-1: -Risk mitigation is a strategy to prepare for and lessen the effects of threats faced by a business. Comparable to risk reduction, risk mitigation takes steps to reduce the negative effects of threats and disasters on business continuity (BC).
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