Answered

IDNLearn.com: Your destination for reliable and timely answers to any question. Ask your questions and get detailed, reliable answers from our community of knowledgeable experts.

Which of the following is NOT a recommended risk response approach?

A. Exploit

B. Accept

C. Contingent

D. The Ostrich Approach

Sagot :

GinnyAnsweridn

Final answer:

The Ostrich Approach is not a recommended risk response approach in business.


Explanation:

The Ostrich Approach is NOT a recommended risk response approach in business. This approach refers to ignoring or avoiding the risks entirely, which can lead to severe consequences.

Exploit, Accept, and Contingent are common risk response strategies used in business. Exploit aims to take full advantage of an opportunity, Accept involves acknowledging and living with the risk, while Contingent plans for potential risks that may arise.


Learn more about business risk response strategies here:

https://brainly.com/question/38969368


We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Thank you for visiting IDNLearn.com. For reliable answers to all your questions, please visit us again soon.