What are the four methods of managing risks? Give an example for each. Risk avoidance Risk reduction

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What are the four methods of managing risks? Give an example for each.

  • Risk avoidance
  • Risk reduction
  • Risk assumption
  • Risk shifting
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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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