_________Is a Risk Response Strategy in Which Steps Are Taken

question 66

Multiple Choice

_________is a risk response strategy in which steps are taken to mitigate risks.

• A)Risk mitigation
• B)Risk reduction
• C)Risk avoidance
• D)Risk minimization

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Definitions:

Oppression

The exercise of authority or power in a burdensome, cruel, or unjust manner, particularly against vulnerable groups.

Dividends

Payments made by a corporation to its shareholders, usually derived from profits.

Research and Development

The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, having proprietary interests and rights in the corporation.