Question: 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,

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.

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? Accept, reject, avoid, transfer. Ignore, avoid, accept, share. Mitigate, embrace, ignore, transfer. Avoid, mitigate, transfer, accept.

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:

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:

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:

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:

mod9ex Florida Family Trip - Risk Register Exercise - Protected View . Saved to this PC Search (Alt+Q) Gaganpreet kaur. GK File Home Insert Draw Design Layout References Mailings Review View Help...

Q:

Risk Analysis and Management of Construction and Operations in Offshore Wind Power Project Abstract: Many countries have increased the use of renewable energy and strongly promoted offshore wind...

Q:

What is risk assessment? - Program Evaluation & Review Technique - for overall project risk The risk severity matrix The impact a risk has on a project objectives The probability analysis of project...

Q:

A small business owner received a telephone bill in an amount of $445.Which consists of both business and private calls. He estimates that his private calls is 4/10 of the bill. What is the business...

Q:

The following are the transactions of WINSTON ENTERPRISES during its first month of operations. 2020 January 2. Michael Winston invested P50,000 cash in the business. 4. Paid municipal taxes and...

Q:

Calculating Standard Deviation Based on the following information, what is the standard deviation of returns? State of EconomyProbability of State of EconomyRate of Return if State OccursRecession ....

Q:

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...