Your client recently installed fire alarms throughout her home. This is an example of:

Question

Quizplus · Accepted Answer

Installing fire alarms throughout the home is an example of risk reduction, which involves taking action to decrease the likelihood of a risk occurring or the impact if it does. By installing fire alarms, the client has reduced the risk of a fire hazard in their home, which is a proactive approach to risk management. Risk avoidance would involve avoiding the activity altogether, risk identification is about identifying the potential risks, and risk transfer would involve shifting the risk to another party, such as through insurance.

Your Client Recently Installed Fire Alarms Throughout Her Home