Question: Which statement is true? a. Firms may decide to do nothing and simply accept the risk to occur. b. Firms typically prioritize high impact risks

Which statement is true?

a.

Firms may decide to do nothing and simply accept the risk to occur.

b.

Firms typically prioritize high impact risks only.

c.

Risk mitigation strategies are always costly and should be avoided where possible.

d.

None of above answers

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