Question: To manage procurement risk, John, your procurement manager, has a policy of preferring experienced and dependable sellers he's used in the past instead of bothering

To manage procurement risk, John, your procurement manager, has a policy of preferring experienced and dependable sellers he's used in the past instead of bothering to select sellers through open competition. What do we call this type of risk management technique?

A. Risk Acceptance

B. Risk Mitigation

C. Risk Transfer

D. Risk Avoidance

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