Which risk handling option is being used in the following situation? Choose the one that best...

Which risk handling option is being used in the following situation? Choose the one that best describes the situation.

A company is handling is high R&D financial risk by taking on partners and hiring subcontractors. The partners / subcontractors are expected to invest some of their own funds in the R & D effort in exchange for sole-source, long-term production contracts if the product undergoes successful commercialisation.

Select one:

a. Mitigating

b. Avoiding

c. Transferring

d. Retaining

Expert Solution

a)Mitigating

is the correct option if you think this helped do give a thumbs up else share your queries in the comment section

keosha answered 2 years ago

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