You are the owner of the courier company SpeeDelivery. You have carried out a risk analysis and now want to determine your risk strategy. You decide to take measures for the large risks but not for the small risks. What is this risk strategy called?
You decide to accept the small risk which is risk bearing. Risk neutral is when all risks are taken care of or when consequences of the risks are minimal.
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raymond_abcd
3 months, 3 weeks ago