Question: What are the four basic ways to handle a risk? Accept, reject, avoid, transfer. Ignore, avoid, accept, share. Mitigate, embrace, ignore, transfer. Avoid, mitigate, transfer,

What are the four basic ways to handle a risk?
Accept, reject, avoid, transfer.
Ignore, avoid, accept, share.
Mitigate, embrace, ignore, transfer.
Avoid, mitigate, transfer, accept.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

What are the four basic ways to handle a risk? Mitigate, embrace, ignore, transfer. Avoid, mitigate, transfer, accept. Accept, reject, avoid, transfer. Ignore, avoid, accept, share.

Q:

Chapter 6 from The Legal and Ethical Environment of Business was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as...

Q:

1. Evaluate the often tried approach of adopting past solutions to similar problems encountered today? Is this a form of linear thinking or not? 2. Why is linear thinking dangerous? 3. Whether the...

Q:

Project management In simple terms, a risk is the possibility of something bad happening. Another term used for risk is also uncertainty" (50%) You are the PM for a project to make a small new...

Q:

Fill in the blank: The four common ways to mitigate risk include _ _ _ _ _ . 1 point accept it , ignore it , reduce or control it , and transfer it avoid it , accept it , reduce or control it , and...

Q:

ENTERPRISE RISK MANAGEMENT ENTERPRISE RISK MANAGEMENT (ERM) ERM forms an important element of organizational management and provisioning of consolidated services. The effective deployment of...

Q:

PLEASE COMPLETE NO LATER THAN 11/04 @8am Each question(1,2,& 3) must be a minimum of 200 words. Please EXPLAIN answers in FULL detail and make answers knowledgeable based off the attached reading,...

Q:

Hello, I need help with this Business Finance HW. Attached is the homework list and also my course outline which I have only covered till Chapter 7. For this homework, I will be doing the "Role of...

Q:

PM.348.WC1 Project Risk Management please help meto answer the Possible Risk Trigger(s ) and Proposed Response Actions. Project Safeguard will develop and distribute an enterprise-wide software...

Q:

Need help with these multiple choice questions for internal audit final exam. Due in 2 hours. QUESTION 1 RsQ_004Without management direction and assumption of responsibility, it would be...

Q:

According to the latest forecasts for next year, there is a 30% chance that the economy will enter a recession, a 40% chance that the GDP will grow by 1%, and a 30% chance that GDP will grow by 4%....

Q:

Fifty-two year old Nicolas worked as an operations manager in Austell steel plant. The working conditions at Austell were quite hazardous and as a result, Nicolas was grievously injured while...

Q:

Analysis: Based on the knowledge you ve gained in this unit, briefly describe the company s recent tactical financing decision. Assess the potential benefits and challenges of this decision for the...

Q:

Make a statement of cashflows in good form. X X M Inbox 2,50 x M Logistics : * Course: ST: X|MyDrive- x B Group 2 Pex Course ID: Cth Moodle X C Get HomeX C Photos Screx Interview X + ....