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<p><strong>You decide to not take any action against this as the likely-hood of this is low. Which risk response strategy are you following? </strong></p> <p><strong>a. Acceptance </strong></p> <p><strong>b. Avoidance </strong></p> <p><strong>c. Mitigation </strong></p> <p><strong>d. Transference</strong></p>
this is acceptance A, based on experience I know that this is not something to accept, but to resolve in front to get the employees to the Party. I resolved this by handing out lottery tickets for some nice prices. Plan the lottery at the end of the evening.....
Acceptance
A - have them RSVP .. that way you know they have read it and you are purchasing the right amount of food;
This is an example of Acceptance Risk Responce Strategy
Accepting Risk Strategy
a. Acceptance: a limit for risk—that is, how far organizations are willing to go with regard to accepting risk to organizational operations (including missions, functions, image, and reputation), organizational assets, individuals, other organizations
The correct answer is
a. Acceptance
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