Which are the methods to manage risks?
A. Risk Avoidance
B. Risk Retention
C. Risk Reduction
D. All of the above
Answer: Option D
Solution(By Examveda Team)
Risk Avoidance, Risk Retention and Risk Reduction are the methods to manage risks. There are four main ways to manage risk: risk avoidance, risk transfer, risk reduction and risk retention. Each is applicable under different.Related Questions on Insurance
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