BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one of the following is not one of the underlying concepts on which a risk mitigation strategy should be based?
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The five avenues to adress risk
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The “four D’s”
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Layered Security
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Quantitative analysis
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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: -Answer and Explanation: A risk study is a process of studying and identifying the risks associated with a project. It is not a risk mitigation strategy.
Detailed explanation-3: -Explanation. Risk elimination is not a type of risk management strategies.
There is 1 question to complete.