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Malik works as an analyst in the mergers and acquisition department at Silverman Bachs. The company is assessing the risk of buying a competitor's company

Malik works as an analyst in the mergers and acquisition department at Silverman Bachs. The company is assessing the risk of buying a competitor's company but finds a significant amount of risk, including a poor reputation and a significant outstanding debt. Malik produces a report strongly recommending that Silverman Bach should not buy the competing company. What type of risk response is being illustrated? Select answer from the options below Risk Acceptance Risk Transference Risk Mitigation Risk Avoidance

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