What does "risk treatment" involve in the context of risk management?

Risk treatment is a critical component of risk management that specifically focuses on deciding how to manage and mitigate the risks that have been identified. This process involves evaluating each risk to determine the most appropriate strategies for handling them, which may include risk avoidance, reduction, sharing, or acceptance.

By addressing identified risks through treatment measures, an organization can implement policies, procedures, controls, and actions that reduce the likelihood or impact of adverse events. This tailored approach helps to ensure that risks are managed effectively and that the organization can continue its operations in a secure manner.

The other options do not align with the concept of risk treatment as effectively. Identifying potential risks is part of the risk assessment process, but it does not encompass the subsequent actions taken to address those risks. Eliminating all potential risks at once is often impractical and unrealistic, as some level of risk is inevitable in any business operation. Creating a surplus of resources for risk management could be beneficial, but it does not directly pertain to the specific actions needed to treat risks. Thus, focusing on how to manage and mitigate those identified risks is at the heart of risk treatment.