PHR Human Resources Exam Prep

Answer - B - Of the risk management techniques, avoidance is defined as an act of stopping or not attempting a business activity that may or may not result in some kind of loss.

Key Takeaway: Avoidance means an act of ceasing or not attempting an activity which may result in some kind of loss or risk. Avoidance is a better risk management technique to use when an organization lacks the appropriate resources to effectively carry out an action or program.