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The four common Risk Treatment Practices are:

Accept the risk-The Risk Might be too small the effort and expense to mitigate is not worthwhile.

Avoid the Risk- This may be done by ending the activity that gives rise to the Risk

Reduce the Risk-That is decreasing the extent damage.

Transfer the Risk-This involves other parties baring the Risk.

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management theory and practice

kris cole 4th edition

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