Which type of organizational responses to risk is described by: Move the risk to someone who is more able to deal with it.
A) Risk transfer
B) Risk deferral
C) Risk reduction
D) Risk acceptance
E) Risk avoidance

Question

Quizplus · Accepted Answer

Risk transfer involves moving the risk to a third party who is more capable of managing the risk, often through mechanisms like insurance or outsourcing.

Which Type of Organizational Responses to Risk Is Described By