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imported>Doug Williamson
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A choice in relation to an identified risk which can be categorised broadly as the decision whether to:
== Summary ==
 
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# Avoid the risk, or
# Accept it.
 
 
The broad choice to 'accept' a risk can be further classified according to whether the firm then retains, reduces or transfers the risk.
 
Using this model, the classes of potential risk responses are therefore four, namely:
 
# Avoid
# Accept and retain
# Accept and reduce, or
# Accept and transfer.
 
 
==See also==
* [[Insurance]]
* [[Reduce]]
* [[Risk assessment]]
* [[Risk evaluation]]
* [[Risk identification]]
* [[Risk management]]
* [[Risk reporting]]
* [[Transfer]]
* [[Guide to risk management]]
 
[[Category:Financial_risk_management]]
[[Category:Manage_risks]]

Latest revision as of 09:28, 27 July 2023

Summary

Importing files from local file repository