Final answer:
In risk management, D) eliminating all risks is not a typical step, as it's generally not possible. Risk management focuses on reducing risks to acceptable levels after identifying and assessing them.
Step-by-step explanation:
Among the options provided, the one that is not a risk management step is Eliminating all risks. Risk management involves the identification and assessment of risks, followed by the development and implementation of strategies to manage and mitigate those risks. Complete elimination of all risks is usually not possible; rather, risk management seeks to reduce risks to an acceptable level. The steps typically included in the risk management process are identifying risks, assessing risks, and taking steps to reduce risk. As such, complete elimination of risks is not considered a standard practice within risk management as it is generally acknowledged that not all risks can be completely eradicated.