Risk-benefit analysis and benefit-cost analysis are examples of risk management strategies.

Name: Risk-benefit analysis and benefit-cost analysis are examples of risk management strategies.
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Risk-benefit analysis and benefit-cost analysis are both tools used in risk management to determine the potential risks and benefits of a decision or action. These analyses can help decision-makers determine the best course of action by weighing the potential benefits against the potential risks or costs.

Risk-Benefit Analysis and Benefit-Cost Analysis Are Examples of Risk Management