Which of the Following Is NOT a Popular Approach to Risk

question 66

Multiple Choice

Which of the following is NOT a popular approach to risk mitigation?

• A)simply accept the risk
• B)minimize the risk
• C)share the risk
• D)avoid doing risky projects

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Definitions:

Market Share

The share of a market dominated by a specific company or product, frequently represented as a percentage.

Marketing Plan

A comprehensive document or strategy outlining an organization's advertising and marketing efforts over a period, including campaigns, goals, and target markets.

Operations Plan

A detailed plan outlining the day-to-day activities necessary for running a business, including production, inventory, and distribution strategies.

Lower Prices

Reduced costs of goods or services offered to consumers, often used as a strategy to increase demand or market share.