Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.
Sagot :
Final answer:
Risk can be managed and reduced through various strategies such as insurance and contingency planning.
Explanation:
Risk can indeed be changed, analyzed, and altered through various risk management strategies. Risk assessment involves identifying potential dangers, assessing the probability of their occurrence, and planning for their mitigation to reduce the impact of adverse outcomes. Strategies such as insurance, diversification, and contingency planning aim to manage and reduce risk exposure.
Learn more about Risk Management here:
https://brainly.com/question/43481450
We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.