avoidance
Avoidance is a risk management tactic whereby risk of loss is prevented in its entirety by not engaging in activities that present the risk.
avoidance
Avoidance is a risk management tactic whereby risk of loss is prevented in its entirety by not engaging in activities that present the risk.
Additional Information
For example, a construction firm may decide not to take on environmental remediation projects to avoid the risks associated with this type of work.
