What does risk mitigation primarily aim to achieve?

Risk mitigation primarily aims to reduce the probability, frequency, and severity of potential risks. This approach involves identifying risks and implementing strategies to minimize their impact, rather than attempting to eliminate all risks entirely. In many scenarios, especially in the context of safety and emergency management, it's understood that completely eliminating risks is often impractical or impossible. Thus, the focus is on reducing the likelihood of risks occurring and lessening their potential consequences should they arise.

Effective risk mitigation can include a variety of strategies, such as training, equipment improvements, safety protocols, and emergency planning. For instance, in a firefighting context, it may involve implementing safety standards to ensure that firefighters are adequately trained and equipped to handle emergencies, thereby minimizing the chances of accidents and injuries.

The other options, while related to risk management, do not align with the primary goals of risk mitigation. For instance, the total elimination of all risks is unrealistic and often unachievable. Transfers of risks to other organizations can be part of a broader risk management strategy but is not the primary focus of mitigation efforts. Furthermore, increasing risk exposure contradicts the very notion of risk mitigation, which seeks to manage and control risks rather than exacerbate them.