The act of carefully driving to minimize risk is best categorized as which risk management approach?

The act of carefully driving to minimize risk is categorized as the "Reduce" risk management approach because it involves taking proactive measures to lower the likelihood or impact of an adverse event, such as an accident. By driving carefully, the driver is engaging in behaviors that are focused on increasing safety, such as obeying speed limits, maintaining a safe following distance, and being attentive to other drivers and road conditions.

This approach is all about implementing strategies that lessen the chances of a negative outcome—essentially a practical way to mitigate risks rather than eliminating them completely. In the context of risk management, reducing risk can involve various tactics that enhance safety, which is exactly what careful driving exemplifies.

The other options represent different strategies: avoiding risk would entail not engaging in driving altogether, retaining risk involves accepting the risk as it is without taking steps to mitigate it, and transferring risk refers to shifting the burden of risk to another party, such as through insurance. However, in this scenario, the focus on careful driving aligns most closely with the goal of reducing risk, making it the appropriate choice.