List the Two Basic Ways to Cope with Risk in a Small

question 44

Essay

List the two basic ways to cope with risk in a small business and identify tools associated with each of these. Which method involves an insurance program?

---

Definitions:

Obligations

Responsibilities or duties that one is bound to perform legally or morally, often arising from contracts, laws, or social norms.

Caregiver Stress

Emotional and physical stress experienced by individuals who provide care for others, particularly for long periods.

Emotional Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, work productively, and is able to make contributions to their community.