In dealing with risk,one can either avoid it,manage it,or transfer it for a fee.

Name: In dealing with risk,one can either avoid it,manage it,or transfer it for a fee.
Brand: Quizplus
Rating: 4.7 (39 reviews)

Question

Quizplus · Accepted Answer

This statement is true. When faced with potential risks, individuals or organizations can choose to avoid them altogether, manage the risks through various strategies, or transfer them to a third party for a fee through insurance or other contracts.

In Dealing with Risk,one Can Either Avoid It,manage It,or Transfer