A process of ignoring minor threats and focusing on major ones only.

Controlling risks involves implementing measures to reduce the impact or likelihood of identified risks.

Simply documenting risks without action.

Relying entirely on external factors to manage risks.

Installing surveillance cameras to deter theft.

Implementing a self-checkout system to reduce staffing costs.

Encouraging customers to use credit cards over cash.

Opening more retail stores to increase market presence.

Training employees equips them to recognize and appropriately respond to potential risks.

Training employees is only useful for increasing sales.

Training provides personal development only and unrelated to risk control.

Training reduces the need for physical security measures.

Monitoring helps reduce the number of employees required.

Monitoring is a substitute for having security personnel present.

Monitoring ensures risks are completely eliminated.

Monitoring helps ensure that risk control measures are effective and allows for adjustments as needed.

Insurance transfers the financial burden of certain risks from the retailer to the insurance company.

Insurance eliminates all potential risks.

Insurance is a replacement for all other risk control measures.

Insurance doubles the financial burden on the retailer.