In 5 to 8 sentences, answer the question: Am I a risk taker or am I risk averse? Since risk is inherent, what actions do you do to minimize the impact of risk in your daily activities? Provide a concrete example or situation and discuss how you minimize the risks present. Definition of Terms: • Risk • Risk Management • Uncertainty • Risk averse • Risk tolerance • Mitigated Risk • Risk analysis • Risk avoidance • Probability • Consequence

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