Question: During the risk response process, you find a risk which would be difficult for you to manage. You discuss the issue with management and a

During the risk response process, you find a risk which would be difficult for you to manage. You discuss the issue with management and a decision is taken to transfer the management of this risk to your portfolio manager. What risk response strategy is this?

(a) Mitigate

(b) Escalate

(c) Transfer

(d) Avoid

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