You work for a multinational corporation based in Melbourne. In the last one year, it is observed that there have been very frequent logistics operational errors causing the financial loss of less than $1,000 per transaction, which is considered small impact for the scale of your corporation. Which of the following risk treatment options should your corporation implement:

Group of answer choices

-To sack the current CEO and recruit a new one

-To retain and absorb these risks using the corporation's own resources

-To minimise these risks via effective loss management measures

-To transfer these risks via insurance policies