avoided
reduced
ignored
erased
Answer is Wrong!
Answer is Right!
The correct answer is: B. Reduced.
Business risks can be reduced by taking steps to mitigate them. This can include things like developing contingency plans, purchasing insurance, and diversifying your business.
Option A, avoided, is not always possible. Some risks are simply inherent in doing business. For example, there is always the risk that a customer will not pay their bill.
Option C, ignored, is not a good idea. Ignoring risks does
not make them go away. In fact, it can make them worse. For example, if you ignore the risk of a fire, you may not have a fire insurance policy in place when your business burns down.Option D, erased, is not possible. All businesses face some level of risk. The goal is to reduce risks as much as possible, but it is not possible to eliminate them entirely.