Which is not an example of a risk management strategy?

Answer

Buying a new car is not an example of a risk management strategy. Buying a car does not involve any kind of research, hence it is not necessary to form any strategy for buying a car.

What is a risk management strategy?

A risk management strategy is used to identify risks in the business and to create a basic structure for business planning.

It also keeps the person up to date as they review and analyze the marketing in order to make future decisions.

Thus, Buying a new car is not an example of a risk management strategy.