A question about the risk management.?

Question

If you are businessman, please show that how to reduce risks on your business, please provide non-insurance methods on Risk Management. (Including example)

There have 6 methods: risk advoidance,risk control,risk retention,risk transfer,incorporate and hedging

Answer 1

Shouldn't you be doing your own homework?

Answer 2

It would depend of the type of business you are in - ex risk avoidance could be keeping up to date on all your equipment to ensure employees are not injured while on the job, etc.....