errerakaylee errerakaylee

11-06-2024
Business

Answered

Can risk be changed, analyzed, or altered?

A. True
B. False

Answer :

GinnyAnswer GinnyAnswer

11-06-2024

Final answer:

Risk can be managed and reduced through various strategies such as insurance and contingency planning.

Explanation:

Risk can indeed be changed, analyzed, and altered through various risk management strategies. Risk assessment involves identifying potential dangers, assessing the probability of their occurrence, and planning for their mitigation to reduce the impact of adverse outcomes. Strategies such as insurance, diversification, and contingency planning aim to manage and reduce risk exposure.

Learn more about Risk Management here:

https://brainly.com/question/43481450

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