Risk management is Multiple Choice only a consideration to insurance companies. increasing in…

Risk management is
Multiple Choice
only a consideration to insurance
companies.
increasing in importance
decreasing in importance.
used
exclusively when engaging in global Internet business.
Brad has decided to increase the size of his auto repair business,
although he realizes that this decision brings added risk. This is an
example of nisk
Multiple Choice
speculative
Dure
Insurable
managed
In an effort to minimize the cost of conventional property (casualty
insurance, Epic Electronics decided to manage their risk by
self-insuring. The most likely way Epic would try to do this would be to
Multiple Choice
cover small and medium-sized losses ise and carry
conventional insurance only for catastrophic losses
corry Insurance for
the small, routine losses and pay for any highly unusual major losses
with its own funds.
buy an insurance policy that covers all risks
estabah a well-monitored loss prevention program

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