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Describe at least three scenarios in which you could manage risk without the use of transfer ( i . e . using insurance ) .

Describe at least three scenarios in which you could manage risk without the use of "transfer" (i.e. using insurance). In your scenario, describe the risk (nature of the risk, magnitude, probability, impact) then describe how you could eliminate, mitigate, or self-insure). Use Scenario Learning where appropriate.

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