Risk Acceptance (Accept) refers to accepting the risk that is presented to you or your organization. When assessing risk, there are four strategies used when mitigating the risks that are …
Avoidance refers to avoiding the risk that is found altogether. When mitigating risk, there are four strategies used, one of them being avoidance. Avoidance is to avoid the risk altogether; …
Mitigation occurs when assessing risk. When assessing risk there are many ways to work with the risks that are found in an organization. Risk mitigation is broken down into four …