What is the difference between types of risk management according to Pym?

Understand the Problem

The question is asking about the various classifications of risk management as defined by Pym. This likely involves exploring concepts or frameworks introduced by Pym regarding risk management strategies and their distinctions.

Answer

Pym and Matsushita identify four risk strategies: avoidance, transfer, mitigation, and taking.

Pym and Matsushita identify four risk management strategies: risk avoidance, risk transfer, risk mitigation, and risk taking in translation.

Answer for screen readers

Pym and Matsushita identify four risk management strategies: risk avoidance, risk transfer, risk mitigation, and risk taking in translation.

More Information

Anthony Pym's work often addresses risk management in the context of translation, providing a unique perspective by highlighting how translators identify and manage different types of risks in their work.

Tips

A common mistake is to assume all risk management strategies are equally applicable in all contexts; however, some strategies might be more effective depending on the specific situation.

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