What should you do if the severity of risk is medium and the frequency of the risk event occurring is medium?

Question

Quizplus · Accepted Answer

When both the severity and frequency of a risk are medium, the best approach is to manage the risk. This involves implementing strategies to mitigate the risk's impact or likelihood, rather than avoiding it entirely, accepting it without action, or transferring it through insurance. Managing the risk allows for a balanced approach to dealing with potential issues.

What Should You Do If the Severity of Risk Is