Final answer:
Fail-safe mechanisms ensure safety and minimize risks in various systems by implementing backup plans and precautions.
Explanation:
Fail-safe refers to a type of limit setting where precautions are put in place to ensure safety or prevent system failure in case of an unexpected event. It involves having backup plans or measures to minimize risks while optimizing safety.
Fail-safe mechanisms are commonly used in engineering to prevent malfunctions in systems, such as a fail-safe switch in an electrical circuit that shuts off power in case of a fault.
By implementing fail-safe strategies, organizations aim to prioritize safety and reliability, even in the face of potential failures or uncertainties.
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