risk avoidance

Examples (10)

• The company's primary strategy is risk avoidance, so they decided not to enter the volatile market at all.
• For conservative investors, risk avoidance often means sticking to government bonds and avoiding stocks.
• The project manager implemented a strict risk avoidance policy to prevent any potential data breaches.
• While risk mitigation aims to reduce impact, risk avoidance seeks to eliminate the risk entirely.
• Opting out of the joint venture was a clear act of risk avoidance by the board of directors.
• Sometimes, the best insurance policy is simply risk avoidance; for example, not building a house in a flood zone.
• Our new cybersecurity plan will focus heavily on risk avoidance rather than just disaster recovery.
• A culture of risk avoidance can sometimes stifle innovation and growth within a company.
• The study evaluates the effectiveness of different risk avoidance techniques in the financial sector.
• Is complete risk avoidance truly achievable, or should businesses focus more on risk management?