The Ostrich Approach is not a recommended risk response approach in business.
The Ostrich Approach is NOT a recommended risk response approach in business. This approach refers to ignoring or avoiding the risks entirely, which can lead to severe consequences.
Exploit, Accept, and Contingent are common risk response strategies used in business. Exploit aims to take full advantage of an opportunity, Accept involves acknowledging and living with the risk, while Contingent plans for potential risks that may arise.
https://brainly.com/question/38969368