Chen Products produces four manufactured products: Products 1, 2, 3 and 4 . The company's risk committee recently met to discuss how the company might respond to a number of problems that have arisen with Product 2.

After a number of incidents in which Product 2 had failed whilst being used by customers, Chen Products had been presented with compensation claims from customers injured and inconvenienced by the product failure. It was decided that the risk committee should meet to discuss the options.

When the discussion of Product 2 began, committee chairman Anne Ricardo reminded her colleagues that, apart from the compensation claims, Product 2 was a highly profitable product.

Chen's risk management committee comprised four non-executive directors who each had different backgrounds and areas of expertise. None of them had direct experience of Chen's industry or products. It was noted that it was common for them to disagree among themselves as to how risks should be managed and that in some situations, each member proposed a quite different strategy to manage a given risk. This was the case when they discussed which risk management strategy to adopt with regard to Product 2.

Using the TARA framework, place each of the following strategies in a grey cell, against the 'TARA' element to which it is most likely to relate:

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Transfer Avoid Reduce Accept