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Anna11 [10]
2 years ago
9

Risk reduction methods are best applied to?

Social Studies
1 answer:
seropon [69]2 years ago
6 0

Risk reduction methods are best applied to  high frequency losses and high severity losses.

The ideal method of reducing risk is by design rather than procedures, preventive measures, training, and limiting of operation and managerial controls. Risk reduction techniques cover the risk identification, reduction options and their implementation.

Risk assessment is known  to be a method that is often used to tell about the total process or method where a person need to  Identify hazards and risk factors that have the some level to cause harm and then reduce or mitigate it.

Hence, The actions a person can use to reduce the risk are:

  • Identify the risk.
  • Analyze the risk.
  • Prioritize the risk.
  • Treat the risk.
  • Monitor the risk.

Learn more about risk assessment from

brainly.com/question/24129294

#SPJ4

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