Is risk management about controlling risk not avoiding risk?

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Avoidance is the best means to control the risk.If your efforts at

avoiding the loss are successful it means you will save your

business from the loss.That's why avoidance is considered as the

first step in risk management process.But there is a difference

between avoiding risk and accepting risk.Avoiding risk means that

you are not going to do anything with the risk.But in accepting the

risk you are actually doing something as you have accepted its

impacts.