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Which strategy is an effective way to manage risk

User Sayan
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1 Answer

4 votes

Answer:

a documenting and sharing a risk

Step-by-step explanation:

In the world of risk management, there are four main strategies:

Avoid it.

Reduce it.

Transfer it.

Accept it.

9 Types of Effective Risk Management Strategies

Identify the risk. Risks include any events that cause problems or benefits. ...

Analyze the risk. ...

Evaluate the risk. ...

Treat the risk. ...

Monitor the risk. ...

Avoidance. ...

Reduction. ...

Sharing.

User Josegomezr
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