A product manager is concerned about continuing operations at a facility located in a region undergoing significant political unrest. After consulting with senior management, a decision is made to suspend operations at the facility until the situation stabilizes. Which of the following risk management strategies BEST describes management's response?

Question

Quizplus · Accepted Answer

The decision to suspend operations is an example of risk avoidance, as it involves eliminating the risk by not engaging in the activity that exposes the organization to the risk.

A Product Manager Is Concerned About Continuing Operations at a Facility