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Adopting proven technology instead of experimental technology in order to eliminate technical failure would be an example of which risk response?

A) Mitigating
B) Retaining
C) Ignoring
D) Transferring
E) Avoiding

1 Answer

3 votes

Final answer:

Choosing proven technology to eliminate technical failure illustrates risk avoidance, a strategy that eliminates risk by avoiding the risky activity altogether.

Step-by-step explanation:

Adopting proven technology instead of experimental technology to eliminate technical failure would be an example of risk avoidance.Choosing proven technology to eliminate technical failure illustrates risk avoidance, a strategy that eliminates risk by avoiding the risky activity altogether. Risk avoidance is a risk response strategy that seeks to eliminate the possibility of risk by not engaging in the activity that produces the risk. This differs from risk mitigation, which seeks to reduce the impact of the risk, risk retention, which involves accepting the risk, risk transfer, where the risk is shifted to another party, and risk ignoring, which is not recognizing the risk at all.

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