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Which of the following risk management strategies is the manager adopting?

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(@tsuchiuramanual)
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After consulting with the Chief Risk Officer (CRO). a manager decides to acquire cybersecurity insurance for the company.

Which of the following risk management strategies is the manager adopting?

  • A . Risk acceptance
  • B . Risk avoidance
  • C . Risk transference
  • D . Risk mitigation

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Suggested Answer: C

   
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