According to the Hierarchy of Risk Management, the Least Preferred

question 17

Multiple Choice

According to the hierarchy of risk management, the least preferred option for dealing with risk is to:

• A) eliminate the risk.
• B) prevent the risk from occurring.
• C) reduce the consequences of the risk should it occur.
• D) reduce the likelihood of the risk occurring.
• E) None of these responses are correct.

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Definitions:

Self-Actualization

The realization or fulfillment of one’s talents and potentialities, often considered as the drive to fulfill one's personal capabilities.

Personally Satisfying

Describes actions or outcomes that fulfill individual desires, preferences, or gratifications.

Conditional Positive Regard

An attitude of acceptance and love from significant others that is contingent upon the individual behaving in certain ways or meeting specific conditions.

Unconditional Positive Regard

A term in psychology that refers to accepting and supporting someone regardless of what they say or do.