What is NOT a method of handling risk?

Promotion is not a method of handling risk. When it comes to risk management, the primary strategies involve methods such as avoidance, reduction, and transfer.

Avoidance refers to eliminating the possibility of risk entirely, which can involve changing plans to sidestep potential hazards. Reduction, on the other hand, focuses on minimizing the potential impact or likelihood of the risk occurring, often through safety measures or improved practices. Transfer involves shifting the risk to another party, commonly seen in insurance, where the financial burden of risk is transferred to the insurer.

Promotion is unrelated to risk management strategies; it generally pertains to marketing or enhancing visibility and appeal for products or services, rather than addressing how to handle risks associated with those products or services. This distinction makes it clear that promotion does not fit within the framework of risk management techniques.