Ms. Shaheen refuses to go on a Business-Trip to Iraq, because of Violence in the Destination Country. Identify the Risk-Management Technique, practiced here.
A)Risk-Avoidance
B)Risk-Retention
C)Risk-Transfer
D)Risk-Reduction and Risk- Control

Question

Quizplus · Accepted Answer

Risk-Avoidance involves taking actions to avoid any exposure to the risk altogether. In this scenario, Ms. Shaheen is practicing risk avoidance by choosing not to go on the business trip to Iraq due to the violence, thereby avoiding the risk entirely.

Ms Shaheen Refuses to Go on a Business-Trip to Iraq