In a brief written essay respond to the following:
1. Identify one risk in your life that can be primarily managed by each of the following Risk Management Techniques. (Four risks in total).
- Risk Avoidance
- Loss Control
- Risk Retention
- Risk Transfer
2. Use the 5 steps of Heinrich’s Domino Theory to explain an accident that has occurred in your life. Is there a step at which this accident could have been prevented?