What are the four methods of managing risks? Give an example for each. Risk avoidance Risk reduction

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What are the four methods of managing risks? Give an example for each.

Risk avoidance
Risk reduction
Risk assumption
Risk shifting

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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Question Posted: Nov 22, 2018 07:36 AM

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What are the four methods of managing risks? Give an example for each. Risk avoidance Risk reduction

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Risk avoidance Avoiding traffic accident by not driving ...View the full answer

Focus On Personal Finance

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