In this risk strategy,risk is reduced to an acceptable,threshold level,perhaps through redesigning the product to include more backup systems or increasing product reliability.

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Mitigation refers to reducing the severity or impact of a risk to an acceptable level. This can be done by implementing backup systems or increasing product reliability, as mentioned in the statement. Avoidance involves eliminating the risk altogether, passive acceptance involves accepting the risk without any action, and transfer involves shifting the risk to another party (such as through insurance). Therefore, mitigation is the best choice in this context.

In This Risk Strategy,risk Is Reduced to an Acceptable,threshold Level,perhaps