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

Name: What should you do if the severity of a risk is medium and the frequency of the risk event occurring is medium?
Brand: Quizplus
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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, transferring it through insurance, or simply accepting it.

What Should You Do If the Severity of a Risk