Risk mitigation: Once the risks have been identified and assessed, the possible ways to manage the risk may fall into one of the following major actions: a) Avoid (eliminate, withdraw from, or not become involved) b) Reduce (optimise-mitigate) c) Share (diversify-transfer-outsource or insure) d) Retain (accept and contain) When the risk event is unacceptable-generally one with a very high probability of occurrence and high impact, the risk mitigation strategy can be to avoid.
Which of the following are the downstream oil and gas companies in India?
Which of the following Indian cities hosted the Squash World Cup in June 2023 ?
The Indian women’s hockey team came from a goal down to beat Ireland 2-1and register its second win at the Cantor FitzgeraldU-21 International four-na...
What is the maximum sum assured in a life micro insurance product?
Index of Eight Core Industries ( ICI ) refers to a production volume index that measures the collective and individual production p...
The Finance Minister of India Shri Arun Jaitely, in the union budget proposed to setup CERT - Fin for aiming financial security under the high...
In a worksheet, which one of the following is not a cell referencing style?
Which of the following is NOT a general economic cause of poverty?
Which of the following is NOT an alkaline earth metal?
What is the term for the process of seeking suitable candidates for job positions and encouraging them to apply?