Risk Acceptance (Accept)
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 …
Risk Avoidance
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; …
Risk Mitigation
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 …