Evaluating Risk Response Options: Avoidance, mitigation, sha…
Evaluating Risk Response Options: Avoidance, mitigation, sharing, and acceptance are all valid options that you should consider using (sometimes at the same time) to lower the risk level you face. The key is to use these options together; you want to balance risk and reward to maximize the benefits. These benefits can be financial or some other, perhaps difficult to quantify (for example, morale, partnerships, long-term strategy), benefit.
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