The Best Way to Handle Risk Is to

question 19

Multiple Choice

The best way to handle risk is to

• A)avoid risk
• B)assume risk.
• C)try to prevent losses.
• D)transfer risk to an insurance company.
• E)use some combination of these.

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Definitions:

Employee's Performance

An assessment of how effectively and efficiently an employee completes their assigned tasks and contributes to the objectives of the organization.

Natural Teams

Groups of individuals who form a working team based on inherent or organic relationships and common goals, rather than being artificially assembled.

Formally Recognized Unit

A defined group or department within an organization that has been officially acknowledged and given a specific purpose or function.

Section

A distinct part within a document, organization, or system, usually separated by topic or function.