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?
The risk strategy where you take measures to address large risks but choose not to take action for small risks is known as C. Risk neutral.
This approach involves balancing risk and reward, where only significant risks are mitigated, while smaller risks are accepted or tolerated.
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