Learn in the textbookOptions for Risk Treatment
DefinitionRisk avoidance (リスク回避) is a treatment that stops the activity causing the risk, leaving no room for the risk to arise.
ExplanationIt removes the source of the risk by cancelling a plan before it starts or pulling out of an existing business. The risk disappears, but so does the profit the activity would have brought. For that reason it is considered when the potential damage is too large to accept by any other means.
AnalogyIt is like calling off a day's climb altogether because heavy snow is forecast. If you never go up the mountain, you cannot get lost on it.