Final answer:
According to the risk matrix, Mary Kelly should c) decrease her risk exposure to align with her financial goals and risk tolerance. This may include diversifying investments and choosing more secure assets. Ignoring the risk matrix is not advisable.
Step-by-step explanation:
If Mary Kelly has learned from her financial advisor that her risk-management strategies are off, she should consider taking action to realign her strategies with her financial goals and risk tolerance. According to the risk matrix, which is a tool used to evaluate and prioritize risks by defining the likelihood and potential impact of different risks, she might need to decrease risk exposure. This could involve diversifying her investment portfolio, choosing more secure assets, or implementing stricter loss-control measures. Maintaining the current strategies or increasing risk would not be advisable if her current approach is already off. Ignoring the risk matrix is certainly not recommended, as this tool helps in making informed decisions about managing risks.