At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

What is the preferred approach to risk mitigation?

-Tolerate
-Transfer
-Terminate
-Treat


Sagot :

Answer:

The correct option is;

Terminate

Explanation:

Termination of the risk is equivalent to elimination of the risk by avoiding the activity that brings about the risk or by using a different process that does not include the risk observed in the previous process option

When the reward far outweigh the risk, it may be decided to terminate or eliminate the risk and miss the reward and also terminate the likelihood of the losses to be incurred.

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.