Businesses Use Self-Insurance Primarily for _____

question 9

Multiple Choice

Businesses use self-insurance primarily for _____.

• A) risk avoidance
• B) risk prevention
• C) risk transfer
• D) risk assumption

---

Definitions:

Extrinsic Reward

A reward given by an external source, such as money or praise, which motivates certain behaviors or actions.

End-of-Year Bonus

A monetary incentive given to employees at the end of the calendar year, often based on company performance, profitability, or individual achievement.

Nonmonetary

Pertains to benefits, rewards, or compensation that do not involve financial remuneration.

Genetically Identical Copy

An organism, cell, or piece of genetic material that is exactly the same in genetic composition as the one from which it was derived, as in cloning.