To address the risk and consequences of potential earthquakes during and after plant construction, the company purchases additional insurance. Which of the following risk responses has occurred?

Last Updated on August 13, 2021 by Admin 3

A construction company is building a plant in a territory that is prone to earthquakes. To address the risk and consequences of potential earthquakes during and after plant construction, the company purchases additional insurance. Which of the following risk responses has occurred?

  • Avoiding
  • Mitigating
  • Accepting
  • Transferring
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