At Susan's retirement party, she reflected upon her long career in starting up successful companies. She said, "I salute my long-time mentor, Milton, who counseled me early in my career about risk. He told me, ‘Susan, when you are confronted with risk when making management decisions, you should
A. not proceed without a liability insurance policy.'"
B. understand there is no way to manage it.'"
C. eliminate it with a thorough understanding of the consequences of each option.'"
D. anticipate it, minimize it, and control it.'"
E. avoid it by any means necessary.'"
Answer: D
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