Risk avoidance is a risk management technique that:

Risk avoidance is a risk management technique that focuses on eliminating exposure to a potential risk entirely. This can be achieved by opting not to engage in activities that introduce the risk. For example, if a company recognizes that a particular investment or project carries significant risk, it may choose to avoid that investment altogether rather than risk potential losses.

In this context, the strategy is to remove the risk from consideration, thereby ensuring that the organization or individual is not exposed to any consequences associated with that risk. This approach can effectively mitigate potential negative impacts, as there are no risks to manage if the activity is completely avoided.