Which of the following is an example of risk reduction?

Asked by: Rubye Howe  |  Last update: July 15, 2025
Score: 4.5/5 (60 votes)

Examples of risk reduction are medical care, fire departments, night security guards, sprinkler systems, burglar alarms—attempts to deal with risk by preventing the loss or reducing the chance that it will occur.

What is a risk reduction example?

Other examples of risk reduction include: Changing a process to reduce health and safety-related risks. Changing the organizational culture to reduce the risk of high employee turnover. Performing due diligence on third parties to assure that the party doesn't pose excessive security or compliance risks.

What are the 3 ways in risk reduction?

What are the Essential Techniques of Risk Management
  • Avoidance.
  • Retention.
  • Spreading.
  • Loss Prevention and Reduction.
  • Transfer (through Insurance and Contracts)

What is an example of risk reduction in insurance?

Workplace Safety: An insurance company may ask an employer to improve safety standards in their workplace or job sites. By implementing measures that prevent serious injuries, the company helps reduce the financial losses the insurer might face through liability claims.

What are the examples of risk prevention?

Some common types of risk prevention strategies include education, environmental modification, exercise training programs, medication management, and the use of assistive devices and equipment.

What is Risk?

33 related questions found

Which of the following actions is an example of a risk reduction strategy?

The correct answer is B) Diversifying the supplier base. Diversifying the supplier base is an example of a risk reduction strategy. This strategy involves sourcing materials or products from multiple suppliers instead of relying on a single supplier.

What are 3 examples of risk taking?

Risk-taking behavior refers to engaging in actions or activities that have the potential to be harmful or dangerous, increasing the risk of unintentional injuries and violence. 1 This can include misusing alcohol, binge drinking, taking illicit substances, driving under the influence, or engaging in unprotected sex.

What are the examples of risk reduction in healthcare?

The following are examples of risk and mitigation in healthcare: A patient slips and falls on a wet floor because a sign was not placed to alert people walking through the corridor. A risk mitigation strategy may include education, training, and monitoring of compliance for patients, staff, and organization safety.

What is risk reduction in medical?

Relative risk reduction (RRR) refers to the percentage decrease in risk achieved by the group receiving the intervention vs. the group that did not receive the intervention (the control group). Absolute risk reduction (ARR) refers to the actual difference in risk between the treated and the control group.

What is an example of loss reduction?

Sprinkler systems, fire extinguishers, soft body armor, and vehicle safety belts are examples of reduction measures. Their purpose is to minimize the potential severity of loss. They do not prevent the loss-causing event from occurring.

What are the 5 components of risk reduction?

The five core components of a risk management framework—risk identification, risk measurement, risk mitigation, risk reporting and monitoring, and risk governance—enable the organization to uncover potential risks, understand their impact levels, and develop risk management strategies aligned with their profiles.

What are the four risk reduction strategies?

What are the four risk mitigation strategies? There are four common risk mitigation strategies: avoidance, reduction, transference, and acceptance.

What are the 3 focuses of risk reduction?

The Sendai Framework focuses on the adoption of measures which address the three dimensions of disaster risk (exposure to hazards, vulnerability and capacity, and hazard's characteristics) in order to prevent the creation of new risk, reduce existing risk and increase resilience.

What are the three 3 ways in risk reduction?

Three-Steps to Effective Risk Management: Identifying, Evaluating, and Mitigating Risks
  • Step One- Identifying Risks. Risk identification is the first and most critical step in the risk management process. ...
  • Step Two- Evaluating Risks. ...
  • Step Three- Mitigating Risks.

What are the types of risk reduction?

The four common treatments for risk are: Avoid, Transfer, Mitigate, and Accept.

What are the 5 es of risk reduction?

The fire department says the process involves the 5 Es: education, enforcement, economic incentives, engineering and emergency response. Among the ways to reduce the risks in your own environment: Making sure you have working smoke alarms. Planning escape routes in case of fires.

What is a reduction in medical term?

The doctor will push or pull the ends of the fractured bone until they line up. This part of the procedure is called reduction. Then your doctor will put a cast or splint on the affected arm or leg to help hold the bone in place while it heals.

What are the activities for risk reduction?

Activities for reducing risk can be described as structural, for instance land use planning and implementation of building codes, and non-structural, for instance awareness raising, policy-making and legislation.

How to do risk reduction?

BLOGFive Steps to Reduce Risk
  1. Step One: Identify all of the potential risks. (Including the risk of non-action). ...
  2. Step Two: Probability and Impact. What is the likelihood that the risk will occur? ...
  3. Step Three: Mitigation strategies. ...
  4. Step Four: Monitoring. ...
  5. Step Five: Disaster planning.

What is the meaning of risk reduction?

What is Risk Reduction? Risk reduction refers to identifying and implementing measures to reduce the chances of damage from a particular activity or situation. This can involve identifying potential hazards, implementing safety measures, and developing contingency plans to mitigate the impact of unexpected events.

What is an example of risk reduction management?

Examples are better land-use planning or disaster-resistant water supply systems. Corrective disaster risk management activities address and seek to remove or reduce disaster risks which are already present and which need to be managed and reduced now.

What are examples of medical risk factors?

Health risk behaviors including lack of physical activity, poor nutrition, tobacco use, and excessive alcohol consumption—are considered contributors in some way to illness and death from chronic disease.

What is an example of risk-taking in nursing?

Examples of Positive Risk Taking Approach

The actions taken in positive risk-taking include small everyday activities like going outside to the supermarket, coffee shop, and social events independently or with support workers. These activities might have been an issue due to physical or emotional challenges.

Which of the following is an example of a risk behavior?

The most common high-risk behaviors include violence, alcoholism, tobacco use disorder, risky sexual behaviors, and eating disorders.

What are the 3 steps to assess risks?

Risk assessment is the name for the three-part process that includes:
  • Risk identification.
  • Risk analysis.
  • Risk evaluation.