The process of preventing, eliminating, or mitigating exposure to adverse circumstances is referred to as?

The process of preventing, eliminating, or mitigating exposure to adverse circumstances is referred to as risk management. This encompasses a broader scope than just assessing potential risks or implementing specific mitigation strategies. Risk management involves identifying potential risks, evaluating their impact, implementing measures to manage those risks, and monitoring the effectiveness of those measures over time. This holistic approach ensures that an organization or individual can reduce the likelihood of negative outcomes through strategic planning and proactive measures.

In contrast, risk assessment focuses primarily on identifying and analyzing potential risks without necessarily developing solutions or management strategies. Risk mitigation, while related, specifically refers to the actions taken to reduce the severity or likelihood of the identified risks, rather than the overarching process of managing those risks. Crisis management, on the other hand, pertains to handling and responding to an emergency or crisis situation rather than the ongoing process of risk management. Thus, risk management is the most accurate term for the comprehensive process described in the question.