Loss Prevention Is the Best Risk Management Tool When the Chance

question 19

Multiple Choice

Loss prevention is the best risk management tool when the chance of loss is ________ and the potential loss severity is ________.

• A) high, high
• B) high, low
• C) low, low
• D) low, high

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Definitions:

Sequential

Occurring or following in a logical order or sequence.

Motives

Internal processes that energize, direct, and sustain behavior towards fulfilling a need or achieving a goal.

Needs

Something that is necessary to survive or thrive.

Need

A requirement essential for an organism's survival, growth, or well-being.