There are four main strategies that we can use to manage risk: avoiding, reducing, retaining, and transferring.

Choosing not to engage in risky activities is known as which strategy?
Choose 1 answer:
Choose 1 answer:
(Choice A) avoiding risk
A
avoiding risk
(Choice B) transferring risk
B
transferring risk
(Choice C) retaining risk
C
retaining risk
(Choice D) reducing risk
D
reducing risk

The correct answer is: (Choice A) avoiding risk