Question

1. which of the following is a risk mitigation activity example? * 10 points

neither of the above
testing
changing a foreign supplier to a local
cancelling the project

1. what type of risks are addressed with a risk mitigation strategy? * 10 points

negative risks (threats)
positive risks (opportunities)
neither positive or negative risks
both positive and negative risks

Explanation:

1. Changing a foreign supplier to a local one can reduce risks like supply - chain disruptions due to international factors. Testing is more for quality assurance and cancelling a project is an extreme measure not typical risk mitigation.
2. Risk mitigation strategies are mainly aimed at reducing the impact or likelihood of negative risks (threats). While positive risks (opportunities) have strategies to enhance or exploit them, not mitigate.

Answer:

1. Changing a foreign supplier to a local
2. Negative risks (threats)