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CompTIA Exam CAS-004 Topic 2 Question 65 Discussion
Topic #: 2
A company reviews the regulatory requirements associated with a new product, and then company management elects to cancel production. Which of the following risk strategies is the company using in this scenario?
In this scenario, the company has elected to cancel the production of a product after reviewing regulatory requirements. This decision reflects a risk avoidance strategy, which involves taking action to eliminate exposure to a risk by not engaging in the activity that could lead to it. By canceling production, the company avoids the regulatory and compliance risks altogether. CASP+ defines risk avoidance as a risk management strategy that involves stopping or avoiding actions that expose the organization to unacceptable levels of risk.
CASP+ CAS-004 Exam Objectives: Domain 1.0 -- Risk Management (Risk Avoidance)
CompTIA CASP+ Study Guide: Risk Management Strategies and Risk Avoidance
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