Which type of organizational responses to risk is described by: Postpone exposure to the risk until circumstances are more favourable or resources are available to address the risk
A) Risk transfer
B) Risk deferral
C) Risk reduction
D) Risk acceptance
E) Risk avoidance

Question

Quizplus · Accepted Answer

Risk deferral involves delaying the exposure to a risk until a more opportune time when the organization is better prepared or the conditions are more favorable to address the risk. This strategy does not eliminate the risk but postpones its impact.

Which Type of Organizational Responses to Risk Is Described By