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31 October, 13:11

Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits, and the ultimate avoidance strategy is to not perform the project at all. (True/False)

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  1. 31 October, 16:19
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    True.

    Explanation:

    In assessment of risk, a firm can employ the use of cost benefit analysis to determine it risk acceptability or avoidance. This can simply be explained as; if the cost of accepting the risk is higher than the benefit/returns from such risk the project is deemed to be rejected.
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